makerdao

Finance

Stablecoins

Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg

The decision follows a turbulent period during which USDC temporarily lost its dollar peg after key banking partner SVB collapsed.

By Krisztian Sandor

Sponsored

Mar 23, 2023 at 4:58 p.m. UTC

Mar 23, 2023

StablecoinsDao governanceGovernanceMakerDAO

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Finance

Silicon valley bank

Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse

Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period.

By Sage D. Young

Sponsored

Mar 13, 2023 at 7:12 p.m. UTC

Mar 13, 2023

Silicon valley bankMakerDAOCircleUSDCDAIOn-chain Data

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Finance

Makerdao

MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging

The community proposal comes just two days after DAI followed stablecoin USDC in slipping beneath the one-dollar mark. 

By Elizabeth Napolitano

Sponsored

Mar 13, 2023 at 5:18 p.m. UTC

Mar 13, 2023

MakerDAODAIStablecoin

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Finance

Token governance

MakerDAO Founder Calls for Rebranding of DAI Stablecoin

Rune Christensen said on a call with community members DAI suffers from bad branding that could be slowing its growth.

By Danny Nelson

Sponsored

Mar 9, 2023 at 8:14 p.m. UTC

Mar 9, 2023

Token GovernanceMakerDAODAIRune Christensen

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Finance

Makerdao

Stablecoin Issuer MakerDAO Proposes Additional $750M U.S. Treasury Purchase

The decentralized autonomous organization behind the DAI token previously purchased $500 million worth of government notes and bonds.

By Brandy Betz

Sponsored

Mar 7, 2023 at 5:15 p.m. UTC

Mar 7, 2023

MakerDAOUS TreasuryDAIStablecoin

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Markets

Markets

DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank

The rejection follows less than a year after Maker approved a similarly structured loan to Huntingdon Valley Bank.

By Krisztian Sandor

Sponsored

Feb 27, 2023 at 4:38 p.m. UTC

Feb 27, 2023

MarketsMakerDAODAIStablecoinLoanDAOTradFiVote

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Policy

Court cases

Crypto Investors' $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge

The class-action lawsuit alleged Maker-related entities misrepresented risks of holding collateral debt positions, resulting in heavy losses for some users.

By Krisztian Sandor

Sponsored

Feb 24, 2023 at 11:00 p.m. UTC

Feb 24, 2023

Court CasesMaker Ecosystem Growth FoundationMakerDAOMakerRegulationLawsuitDAI

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Business

Maker

DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol

The protocol is a fork of Aave v3 and will increase the use case for the DAI stablecoin.

By Oliver Knight

Sponsored

Feb 9, 2023 at 11:33 a.m. UTC

Feb 9, 2023

MakerMakerDAODeFiAave

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Markets

Decentralized finance

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 system.

By Krisztian Sandor

Sponsored

Feb 8, 2023 at 8:13 p.m. UTC

Feb 8, 2023

Decentralized FinanceMakerDAODeFiLendingDAIMarkets

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Business

Makerdao

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 allocating $14 million worth of MKR tokens to its Scientific Sustainability Fund.

By Sage D. Young

Sponsored

Feb 3, 2023 at 8:14 p.m. UTC

Feb 3, 2023

MakerDAOClimate ChangeRune ChristensensustainabilityDAIG20

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