MakerDAO Adds Chainlink, Compound, Loopring as Collateral Options
MakerDAO has voted to add support for a trio of new tokens for the decentralized finance (DeFi) loans that generate DAI stablecoins.
"TVL isn't the best indicator when ETH and all other crypto is green for weeks," one observer said of DeFi's recent growth.
"We want to announce the designs for a blockchain that can scale Compound over the next century," Compound founder Robert Leshner told CoinDesk.
Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.
Compound's governance token, COMP, fell below $100 early Tuesday. The DeFi token kicked off the yield farming craze way back in June.
Braintrust, a tech talent marketplace that will essentially be owned by the IT freelancers and companies using it, has raised an $18 million strategic growth round.