Maker

Technology

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

By Krisztian Sandor

Aug 27, 2024 at 9:20 p.m. UTC

Aug 27, 2024

MakerDAOMakerDAIStablecoinRune ChristensenDeFi

MakerDAO co-founder Rune Christensen (Original image by Trevor Jones)

Finance

Defi

MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.

By Krisztian Sandor

Aug 27, 2024 at 12:00 p.m. UTC

Aug 27, 2024

DeFiMakerDAOMakerStablecoins

Consensus Magazine

Opinion

Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI

The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.

By Daniel Kuhn

Jun 7, 2024 at 6:26 p.m. UTC

Jun 7, 2024

OpinionMakerMakerDAORune ChristensenDAIStablecoinsDAOsGovernance

MKR's price chart (TradingView/CoinDesk0

Markets

Analysis

Maker Token's Exchange Balance Spikes After 45% Price Surge

The exchange balance has jumped 5% in the past 24 hours, hitting the highest in nearly a month.

By Omkar Godbole

Sep 28, 2023 at 6:03 a.m. UTC

Sep 28, 2023

AnalysisMKRMakerExchangeBlockchain

Oracles help supply data to a blockchain or dApp. (Tetra Images)

Technology

Maker

Multibillion Dollar Oracle Tool Chronicle to Expand Outside of MakerDAO Ecosystem

Chronicle is said to safeguard over $5 billion in assets held on Maker by ensuring pricing data is in line with the general market.

By Shaurya Malwa

Sep 5, 2023 at 5:43 a.m. UTC

Sep 5, 2023

MakerDeFi

Markets

Makerdao

DAI Stablecoin Surpasses $5B Market Cap on Higher Yield, Lifting Spark Protocol

The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value.

By Krisztian Sandor

Aug 23, 2023 at 6:45 p.m. UTC

Aug 23, 2023

MakerDAOMakerDAIStablecoinRune Christensen

Paradigm's MKR transfers (Arkham Intelligence)

Markets

Makerdao

Paradigm Moves $3.5M in MakerDAO's MKR Tokens Following Peer a16z's Maneuver

Fellow venture capital firm a16z over the past week transferred $7 million of its MKR holdings to crypto exchange Coinbase.

By Krisztian Sandor

Jul 26, 2023 at 8:35 p.m. UTC

Jul 26, 2023

MakerDAOParadigmA16zMKRMakerVenture Capital

Markets

Makerdao

MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets

The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.

By Krisztian Sandor

Jun 21, 2023 at 3:39 p.m. UTC

Jun 21, 2023

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Finance

Makerdao

MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve

The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.

By Krisztian Sandor

Jun 15, 2023 at 8:17 p.m. UTC

Jun 15, 2023

MakerDAOMakerRune ChristensenDAIPaxos DollarGeminiGUSDPaxos

Justin Sun (Steven Ferdman/Getty Images)

Markets

Makerdao

Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data

Tron founder Justin Sun’s potential sale of MakerDAO’s token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol’s controversial res...

By Krisztian Sandor

May 23, 2023 at 1:24 p.m. UTC

May 23, 2023

MakerDAOMakerMKRJustin SunDeFiArkham intelligenceTrading