MakerDAO (MKR)

MakerDAO approves plan to back up to $1 billion DAI with USDe and sUSDe.

A recent Aave proposal threatens to sever any remaining strings holding both projects together.

Is MakerDAO towing a dangerous path amid proposed plans to allocate $1 billion DAI to USDe?

Rune Christensen's plan appears to have rubbed Ethereum's Buterin the wrong way.

MakerDAO is moving to drive adoption for DAI.

Spark Protocol will be a front-end application that allows users to interact with Maker’s flagship decentralized stablecoin DAI.

The decentralized finance platform expects to earn around 2% annually on its deposit.

MakerDAO has voted in favor of a proposal to increase its flagship stablecoin DAI rewards from 0.01% to 1%.

Almost 73% voted against CoinShares’ proposal to invest $100-$500 million in U.S. bonds.

The new DeFi data product will track five distinctive transactions in the Aave, Compound, and MakerDAO protocols.

The decentralized finance protocol will earn a 1.5% reward on the deposited USDC which represents one-third of the DAO’s PSM.

The drop in revenue together with high expenses resulted in MakerDAO’s first net income loss since 2020.

The governing body behind the protocol will invest $400 million in US treasuries and $100 million in corporate bonds.

Fears of insolvency have been high around Celsius Network, as “extreme market conditions” forced the project to pause withdrawals.

In 2015, MakerDAO introduced what would today be known as decentralized finance, commonly dubbed DeFi.

The hack of DAO Maker reflects the current model of exposing DeFi and other blockchain code vulnerabilities.

MakerDAO resumes full decentralization, 6 years after the introduction of the first iteration of Dai.

MakerDAO brought many innovations to DeFi which led to its mass adoption.

To stimulate interest in the Dai stablecoin, MakerDAO has reduced its fees.

We covered DODO, Uniswap, Axe Infinity, MarkerDAO, Open Sea