DAI


Tech

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.

(Jacob Lund/Shutterstock)

Finance

MakerDAO to Offer Optional MKR Conversions for New Governance Token

MakerDAO hopes the new governance token will increase governance participation.

MakerDAO co-founder Rune Christensen (Trevor Jones)

Consensus Magazine

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.

MakerDAO co-founder Rune Christensen (Trevor Jones)

Markets

Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall

The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.

USDT is the largest stablecoin by total supply. (DrawKit Illustrations/Unsplash)

Markets

Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets

On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin.

Moon’s CryptoMortgage products allows people to use their crypto as collateral for real estate. (Getty Images)

Markets

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.

Rune Christensen (Trevor Jones)

Finance

Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users

The exchange expanded its services in Canada earlier this week.

Coinbase CEO Brian Armstrong (Coinbase)

Markets

MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin With Up to 8% Reward

The circulation of Maker’s DAI stablecoin has shrunk by a third over the past year.

Rune Christensen (Trevor Jones)

Markets

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.

Rune Christensen, fundador de MakerDAO. (CoinDesk TV)

Finance

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.

Rune Christensen (Trevor Jones)