MakerDAO Eyes $600M DAI Investment in USDe and sUSDe
[ad_1] MakerDAO is reportedly contemplating a considerable funding of $600 million in DAI into USDe and staked USDe (sUSDe) through Morpho Labs’ DeFi lending protocol. This transfer is in line…
MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023
[ad_1] According to a Bloomberg report, MakerDAO, one of many outstanding decentralized lenders in cryptocurrency, has reaffirmed its resolution to speculate billions of {dollars} in US government bonds. This strategic…
MakerDAO Explores Tokenized T-Bills With $100 Million Allocation Plan
[ad_1] Steakhouse, a decentralized autonomous group (DAO)-focused monetary advisory agency, in collaboration with Phoenix Labs, a analysis and growth firm, has put forth a proposal urging the MakerDAO group to…
Is Nexo safe? Crypto lender withdraws $150 million from MakerDAO
[ad_1] It’s the unlucky actuality that any crypto lender as of late might be met with scrutiny, because the market nonetheless reels from the chaos brought on by Celsius earlier…
MakerDAO Set To Convert USDC Funds To ETH, Is This A Good Idea?
[ad_1] The crypto neighborhood has been on alert for the reason that crash of LUNA, ETH, and USDT. Investors rely upon stablecoins to hedge towards worth volatility within the crypto…
Bank To Connect With Ethereum’s MakerDAO To Borrow $100M
[ad_1] Ethereum’s decentralized finance protocol MakerDAO proposed a historic vote to attach a U.S. financial institution to its platform, the Huntingdon Valley Bank (HVB). The neighborhood has permitted the proposal…
As Staked Ethereum (stETH) Slumps, MakerDAO Adopts An Alternative
[ad_1] DeFi big MakerDAO on Friday authorized a proposal to undertake an alternative choice to Lido-Staked Ethereum (stETH) as collateral, following the token’s de-peg. In a governance proposal that noticed…
DeFi Giant MakerDAO Braces For Celsius Liquidation As stETH Slumps
[ad_1] MakerDAO mentioned on Thursday it can disable direct deposits with peer Aave as a result of latter’s excessive publicity to a possible Celsius liquidation. The transfer was purchased up…