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MakerDAO
MakerDAO Founder on Community Rejecting CoinShares’ Proposal
MakerDAO founder Rune Christensen joins "First Mover" to discuss why the MakerDAO community rejected CoinShares' proposal to use up to $500 million in stablecoin USDC to invest in bonds with the crypto investment firm.
MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds
The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance. Plus, details on the community’s voting on increasing DAI stablecoin rewards.
DeFi Giant MakerDAO Voting on Hiking DAI Stablecoin Rewards
Increasing the DAI savings rate would increase the Maker stablecoin’s competitiveness and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO contributors said.
MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500M in Bonds
The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn't fly.
DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Optimism
MakerDAO’s new technology, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s congested base layer.
Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico
A 29-year-old man's body was pulled from the currents Friday morning off a beach in the Condado area of San Juan, El Nuevo Dia reported, citing local police.
MakerDAO Members Support Founder's 'Endgame' Plan to Break Up into MetaDAOs, $2.1B of Transfers
Community members will move ahead with founder Rune Christensen's ambitious plan to break up the protocol into MetaDAOs.
MakerDAO Community Approves Proposal to Place USDC in Coinbase's Custody Platform
Up to $1.6 billion in USD coin will be held with Coinbase Prime, where it will earn a 1.5% reward.
Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO's USDC, Analyst Says
A proposal to move the stablecoin assets was made by Coinbase in September and is nearing a final deadline.
A16z Doesn’t Support Plan to Break Up DeFi Giant MakerDAO
MakerDAO, one of the largest decentralized protocols, is in the middle of a makeover. Rifts have emerged between investors and founders as they offer competing plans for making the protocol more decentralized and try to drive growth.
