Maker “Endgame” prepares to launch, aims to challenge Tether with 100B DAI
The DeFi lending pioneer is preparing to launch the first phase of its “Endgame” plan, which begins with a rebrand, new tokens and scaling of its Dai stablecoin.
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The DeFi lending pioneer is preparing to launch the first phase of its “Endgame” plan, which begins with a rebrand, new tokens and scaling of its Dai stablecoin.
Savings DAI, governed by SparkDAO, hits $1 billion TVL, reflecting DeFi's resilience and potential amid market fluctuations.
A rival of Binance USD (BUSD) has flipped the dollar-pegged asset to become the third-largest stablecoin in the world.
In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC.
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH.
The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data.
DAI tops it off as the strongest stablecoin to date despite Terra’s plunge. USDT and UST may have plummeted – ...
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.
MakerDAO is currently the fourth largest DeFi protocol as per TVL rankings with $14.24 billion in locked value.