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MakerDAO Debates New EDSR Optimization Plan As MKR Bears Retain Market Control

[Aug 9, 2023 3:00 PM] MakerDAO has been in the headlines recently following a boost in the maximum Dai Savings Rate (DSR) from 3.19% to 8% on Sunday, August 6. This temporary increment termed the Enhanced Dai Savings Rate (EDSR), was designed to encourage more Dai…

Protocol to identify ‘systemically important’ blockchain banks could help prevent a market crash: Study

[Aug 2, 2023 3:00 PM] After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community.

Weeks of Prosperity: MKR Holders See Wealth Grow By Over 100% Amidst Price Boom

[Aug 2, 2023 3:30 AM] MakerDAO (MKR) has navigated a tumultuous path in the Decentralized Finance (DeFi) market since June, marked by regulatory pressures and various challenges numerous projects face. Nonetheless, a shift in focus has occurred as altcoins, spearheaded…

MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

[Aug 1, 2023 2:41 PM] Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month.

Maker (MKR) Signals Bullish Price Formation – Is $1.300 Around The Corner?

[Jul 30, 2023 6:22 AM] Maker (MKR), one of the prominent players in the decentralized finance (DeFi) space, has experienced a remarkable 11% price surge in the past seven days. Despite a slight drop in the last hour, the token’s performance remains impressive. …

MakerDAO increases DAI yield in a bid to boost demand

[Jul 27, 2023 1:30 PM] The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin yield by as much as 8%.

MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin With Up to 8% Reward

[Jul 27, 2023 10:28 AM] The circulation of Maker’s DAI stablecoin has shrunk by a third over the past year.

Paradigm Moves $3.5M in MakerDAO's MKR Tokens Following Peer a16z's Maneuver

[Jul 26, 2023 2:35 PM] Paradigm Capital's transfer follows venture capital firm a16z depositing $7 million of MKR to Coinbase.

Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars

[Jul 25, 2023 12:07 PM] Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the transactions.

3 reasons why Maker (MKR) fundamentals hint at further price upside

[Jul 24, 2023 2:00 PM] MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.

MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live

[Jul 21, 2023 10:33 AM] The lending platform is on track to remove some $7 million of MKR governance tokens from the market in a month, according to blockchain data.

MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default

[Jul 20, 2023 10:16 AM] The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.

Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier

[Jul 17, 2023 6:00 PM] As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven…

5 peer-to-peer (P2P) lending platforms for borrowers and lenders

[Jul 15, 2023 3:07 AM] Discover five platforms — Aave, Compound, MakerDAO, dYdX and Fulcrum — that are transforming lending and borrowing through decentralization.

MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets

[Jun 21, 2023 9:39 AM] The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.

DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization

[Jun 16, 2023 4:30 PM] Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4.304 billion. DAI’s market valuation on Friday, June 16, 2023, is approximately…

MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve

[Jun 15, 2023 2:17 PM] The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.

MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve

[Jun 14, 2023 11:03 AM] The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.

Someone Flash Loaned $200M From MakerDAO to Make $3 Profit

[Jun 14, 2023 5:21 AM] An arbitrage bot flash loaned $200 million worth of the dai stablecoin from MakerDAO on Wednesday, making a $3.24 profit after transaction fees.

MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase

[Jun 1, 2023 12:51 PM] The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds.

MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets

[Jun 1, 2023 10:16 AM] The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.

Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes

[May 28, 2023 12:00 AM] The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title…

MakerDAO proposal seeks to hike DAI savings rate to 3.33%

[May 26, 2023 11:51 PM] The DAI savings rate was previously increased to 1% in December 2022, and led to 35 million DAI being deposited in the span of a month, according to MakerDAO.

Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data

[May 23, 2023 7:24 AM] Tron founder Justin Sun’s potential sale of MakerDAO’s token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol’s controversial restructuring.

Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap

[May 12, 2023 3:28 PM] Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail

MakerDAO Massive Upgrade, A New Era For DeFi?

[May 12, 2023 1:30 PM] MakerDAO, the decentralized finance (DeFi) project behind the popular stablecoin DAI, has announced a major update called “Endgame.” Endgame is designed to enhance efficiency, resilience, and participation by applying fine-tuned AI tools to open…

MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token

[May 12, 2023 12:47 PM] Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.

MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects

[May 12, 2023 12:00 PM] DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain.

MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users

[May 8, 2023 3:35 PM] The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies ETH, stETH, DAI and sDAI.

Blockchain and crypto leaders converged at DAO Tokyo as Japan increases adoption

[Apr 25, 2023 7:26 AM] Japan has taken strides of late to adopt and integrate decentralized technologies within both government and businesses.