Spark Protocol would be a new liquidity market for lending and borrowing crypto assets focused on DAI. (Dawid Zawila/Unsplash)
MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract...
Spark Protocol would be a new liquidity market for lending and borrowing crypto assets focused on DAI. (Dawid Zawila/Unsplash)

(DALL-E/CoinDesk)
MakerDAO Constitution Would Fund Sustainability Efforts With 20K MKR Tokens From Reserves, Emissions
With “scientific sustainability” as a core principle, an early draft of the proposed Maker constitution would, if approved, play an active role in combating climate change by...
(DALL-E/CoinDesk)

(Getty Images)
Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin
The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.
(Getty Images)

Tyler Winklevoss and Cameron Winklevoss run Gemini, the issuer of GUSD (Joe Raedle/Getty Images)
MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves
The result averts near disaster for Gemini’s stablecoin, because MakerDAO holds 85% of all GUSD in circulation.
Tyler Winklevoss and Cameron Winklevoss run Gemini, the issuer of GUSD (Joe Raedle/Getty Images)

MakerDAO community votes to hike DAI rewards to 1% (Getty Images)
MakerDAO Community Votes to Hike DAI Rewards to 1%
Some 71% of voters favored hiking the DAI Savings Rate to 1%, the highest option offered in the voting.
MakerDAO community votes to hike DAI rewards to 1% (Getty Images)

MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds
MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds
The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christ...
MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds

DAI holders may earn up to 1% in annual rewards depending on how the community votes. (Getty Images)
DeFi Giant MakerDAO Voting on Hiking DAI Stablecoin Rewards
Increasing the DAI savings rate would increase the Maker stablecoin’s competitiveness and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO...
DAI holders may earn up to 1% in annual rewards depending on how the community votes. (Getty Images)

DAOMaker, issuer of the DAI stablecoin, has introduced technology to speed up transactions. (Unsplash)
DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Optimism
MakerDAO’s new technology, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s congested base layer.
DAOMaker, issuer of the DAI stablecoin, has introduced technology to speed up transactions. (Unsplash)

Nikolai Mushegian (DappHub)
Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico
A 29-year-old man's body was pulled from the currents Friday morning off a beach in the Condado area of San Juan, El Nuevo Dia reported, citing local police.
Nikolai Mushegian (DappHub)

Maker doubled the debt ceiling of its staked ether (stETH) vault this week. (Horst Schwalm/Pixabay)
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
The development is part of a move away from centralized crypto products such as stablecoins.
Maker doubled the debt ceiling of its staked ether (stETH) vault this week. (Horst Schwalm/Pixabay)