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PortuguêsThe MakerDAO burn strategy was in one of its most active states. MKR’s momentum could eventually become bearish. Decentralized Finance protocol and builders of DAI, MakerDAO [MKR] have been involved…
Continue ReadingIn the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million…
Continue ReadingMakerDAO voted in favor of a 2% extra yield income from Yearn Finance. While its development activity surges, MKR’s network growth fell. After its proposal in November to deploy $100…
Continue ReadingInteresting times are ahead for MKR as MakerDAO collaborates to support real-world assets in DeFi. MKR struggles to maintain a rally after encountering resistance. The idea of bringing real-world assets…
Continue ReadingMakerDAO’s community is voting to decide if Gemini’s GUSD should be maintained in its reserves. Early poll stats suggest that the stablecoin will be retained by the DeFi lender. Leading…
Continue ReadingDecentralized Finance (DeFi) has always been the most evolving sector in the Web3 space. With new innovations and protocols popping up in the DeFi industry, the ecosystem total value locked…
Continue ReadingMakerDAO proposes a $100M USDC move, with a yield of 2% annually. Unique users on MakerDAO decline and whales start to lose interest in the token. MakerDAO, recently proposed to…
Continue ReadingBlockTower and MakerDAO partnership brought $220M of RWA to DeFi. Interest in MKR tokens declined as selling pressure increased. In a recent turn of events, BlockTower Credit, an asset management…
Continue ReadingDecentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time…
Continue ReadingMany blamed the deaths on billionaires’ past, while others suspected some form of foul play and even execution. The death of four crypto billionaires within a month has caught the…
Continue ReadingMakerDAO has a new proposal to implement some parameter changes. The protocol has displaced Lido to regain its position as the leading DeFi protocol. In a new proposal, the Open…
Continue ReadingThe DeFi market didn’t see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone.…
Continue ReadingAccording to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since…
Continue ReadingMakerDAO reported a profit of more than $2.8 million through its real-world assets. The revenue generated by the protocol grew, alongside an increasing interest in the MKR token. MakerDAO [MKR],…
Continue ReadingA Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake. Liquid staking protocol Lido Finance appears to have benefited most from…
Continue Reading2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry. Bitcoin (BTC), Ether (ETH) and the crypto market had…
Continue ReadingThe total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17,…
Continue ReadingMakerDAO’s total revenue declined over the past month. However, MakerDAO’s TVL continued to grow amidst its partnership with GnosisDAO. According to new data provided by Messari, MakerDAO’s revenue declined significantly…
Continue ReadingAn executive proposal has been implemented to increase DAI Savings Rate to 1%. MakerDAO was momentarily displaced as the DeFi protocol with the largest TVL. Following an executive proposal decided…
Continue ReadingOn December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion.…
Continue ReadingMakerDAO announced a new proposal that would remove REN BTC vaults Their revenue through real-world assets increased, however, TVL declined In a tweet dated 10 December, MakerDAO revealed that they…
Continue ReadingMakerDAO’s TVL plunged over the past week Its price suffered as well, declining drastically over the past few days MakerDAO [MKR] experienced a substantial drop in its total value locked…
Continue ReadingMakerDAO introduced a new token to add to its collateral Revenue generated increased due to real world assets and plans to increase yields get approved MakerDAO, in a new proposal…
Continue ReadingAave outperformed MakerDAO in terms of new users but lagged in volume Despite showing growth over the year, its TVL and revenue collected continued to decline According to new data…
Continue ReadingMakerDAO seeks votes from community members to hike its DAI Savings Rate. At press time, members voted overwhelmingly in support of a 1% increment. MKR’s price has been on a…
Continue ReadingDuring the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that…
Continue ReadingMakerDAO has offered to integrate the Optimism chain on its network subject to community approval Its stablecoin, DAI, has remained top of supply on the protocol, and could also be…
Continue ReadingTo protect DAI holders and to safeguard Maker Protocol, Maker Governance executed several parameter changes to a number of vault types. These changes were made to vault types that hold…
Continue ReadingSmart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in…
Continue ReadingThe proposed change would prevent certain coins that have fallen in value recently from being used as collateral. The MakerDAO Risk Core Unit, a key group within the MakerDAO governance…
Continue ReadingMakerDAO’s new developments may reduce risk for its users Its TVL witnesses a slight decrease, but MKR’s price continues to appreciate MakerDAO‘s latest update might help its users reduce their…
Continue ReadingMakerDAO co-founder’s death opened a new pandora box of conspiracy theories, based on some of his recent tweets. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi)…
Continue ReadingOver three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last…
Continue ReadingIn a shocking turn of events, Nicolai Arcadie Muchgian, the 29-year-old co-founder of MakerDAO has been found dead. His death has shocked the crypto space that has been witness to…
Continue ReadingMushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer. Nikolai Mushegian, a co-founder of the cryptocurrency lending platform MakerDAO and the…
Continue ReadingWhales showed massive interest in MKR. Coinciding with that, MakerDAO’s team decided to invest $50 million in US government bond ETF’s. MakerDAO’s fees and revenue collected also witnessed a decline…
Continue ReadingThe last week of October turned bearish for the DeFi market despite the string of hacks, as the majority of the DeFi protocols registered bullish weekly gains. Welcome to Finance…
Continue ReadingIn a recent development, it was discovered that MakerDAO‘s portfolio’s exposure to risk had grown quite a bit, even though it had declined steadily over the past six months. Here’s…
Continue ReadingA proposal to deposit up to $1.6 billion in USD Coin (USDC) with Coinbase Prime, where it will earn 1.5%, has been authorized by the MakerDAO community. After Coinbase Institutional…
Continue ReadingThe MakerDAO community will earn a 1.5% reward on its USDC while holding funds with Coinbase Prime. Coinbase Prime, an institutional prime brokerage platform for crypto assets, announced on Oct. 24…
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