MakerDAO


Markets

Stablecoins Push Ethereum's Transaction Count to Highest Since July 2019

Ethereum’s transaction counts have surged by 72% since mid-February

trx_cnt_eth

Markets

Dai Lending Rates Rise to One-Month High on DeFi Platform Compound

Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.

Ripple

Markets

Why MakerDAO Should Consider Negative Interest Rates for Dai

To keep dai near its $1 peg, the Maker community should consider negative interest rates. The cost to users may be worth it, says columnist J. P. Koning.

Maker Foundation CEO Rune Christensen.

Tech

MakerDAO Users Sue Stablecoin Issuer Following 'Black Thursday' Losses

A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.”

Maker Foundation CEO Rune Christensen (CoinDesk archives)

Tech

MakerDAO Foundation Plots Its Own Demise

The MakerDAO Foundation is getting serious about its planned obsolescence. A governance call Thursday laid out founder Rune Christensen's three pillars of full decentralization.

DISSOLUTION: MakerDAO's builders are beginning to chart out the two-year process of winding down. (Credit: Shutterstock)

Finance

For DeFi’s Sake, Maker Should Take Blame for Black Thursday Losses

While the system did not technically malfunction, a confluence of factors enabled a few opportunists to win the collateral auctions despite placing extremely low bids.

Credit: Shutterstock

Tech

MakerDAO Adds USDC as DeFi Collateral Following 'Black Thursday' Chaos

MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg.

(HFA_Illustrations/Shutterstock)

Finance

MakerDAO's Problems Are a Textbook Case of Governance Failure

MakerDAO could have planned for its "Black Swan" event last week.

MakerDAO CEO Rune Christensen image via CoinDesk archives

Tech

Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi

So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended.

Credit: Shutterstock

Tech

MakerDAO Debts Grow as DeFi Leader Moves to Stabilize Protocol

MakerDAO is not pursuing its emergency shutdown option although the amount of uncollateralized dai continues to grow.

(Roibu/Shutterstock)