Zephyrnet Logo

Tag: MakerDAO’s

Paradigm Transfers $3.5M Worth of MakerDAO’s MKR Tokens After Peer a16z’s Action

In a recent development, Paradigm, a prominent cryptocurrency investment firm, has transferred $3.5 million worth of MakerDAO's MKR tokens. This move comes after one...

MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live

MKR briefly rose above $1,200 early Friday for the first time since last August, then pared some of its gains to change hands at...

MakerDAO-powered lending platform Spark Protocol onboards Rocket Pool staked ETH as collateral option

MakerDAO (MKR) has announced that Spark Protocol is onboarding Rocket Pool’s staked Ethereum (rETH) as a new collateral type, creating increased opportunities for...

Curve’s crvUSD Trades Within 0.5% Range For First Month

The novel price-pegging mechanism underpinning crvUSD, the month-old stablecoin from Curve Finance, is proving highly effective so far.On Monday, Curve shared data showing that...

MakerDAO Mulls Proposal To Boost DAI Savings Rate

A key DeFi interest rate could be set to rise.Block Analytica, a risk management firm, has proposed to increase the Dai Savings Rate (DSR)...

MakerDAO To Shutter SocGen’s $30M Credit Line

Collateralized Lending Protocol Reverses Course On Real-World Assets MakerDAO, the second-largest DeFi lending protocol, plans to shut down the credit vault launched for a subsidiary...

Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction

Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of...

Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March – Defi Bitcoin News

The whole worth locked (TVL) in decentralized finance (defi) in the course of the first week of April is about $50 billion, roughly the...

Stress test? What Biden’s bank bailout means for stablecoins

The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part...

MakerDAO Votes to Keep USDC as Primary Reserve

MakerDAO’s community has voted to keep USDC as the main reserve asset despite the depegging event earlier this month. DeFi giant MakerDAO’s community...

MakerDAO Votes in Favor of Increasing Existing U.S Treasury Holdings

4 mins ago | 2 mins read Defi News DAI’s stablecoin liquid backing is...

MakerDAO Passes First Vote on Proposal to Increase US Treasury Investments to $1.25 Billion

MakerDAO, a decentralized autonomous organization that issues the DAI stablecoin, has voted in favor of allocating more funds to its current US Treasury...

Latest Intelligence

spot_img
spot_img