DAI Flips Bitcoin Cash; Is SHIB Next as Traders Eye New Memes?
TLDR DAI flips Bitcoin Cash, experiencing a price downturn due to low investor interest. Shiba Inu’s massive rally slowed, despite the project’s upcoming Sheboshi NFT debut. NuggetRush creates an all-inclusive…
MakerDAO votes to decrease GUSD held in DAI stablecoin reserve
MakerDAO could soon remove $390M of Gemini’s GUSD stablecoin from its reserves. The DAO is currently voting to decrease the maximum amount of GUSD held in Maker’s DAI stablecoin reserve…
MakerDAO proposal eyes new DAI savings rate of 3.33%
MakerDAO is considering a proposal to raise the Dai savings rate (DSR). This follows the last change that saw DSR increase to 1%, attracting over 35 million DAI deposits in…
DAI whales have added 6.4% of stablecoin’s supply since mid-March
DAI stablecoin holders are adding to positions as crypto prices range. Addresses with 100k-10 million DAI added 6.4% of supply in the past six weeks. The overall holdings for this…
MakerDAO integrates Chainlink automation to enhance DAI stability
MakerDAO’s integration of Chainlink extends on the Maker’s automated system Keeper Network. The automation will help stabilise the DAI infrastructure, including via updates on price and the debt ceiling. An…
Tether leads as pack chases, but is DAI as dead as Terra? – The stablecoin war, a Deep Dive
Cryptocurrency can be a polarising subject. Some believe it will change the world. They say we will live in a society with Bitcoin as the reserve currency; we will purchase…
What are Decentralized Stablecoins? A Look At DAI, USDD, FRAX, and RAI
Table of Contents What are Stablecoins? How Decentralized Stablecoins Work Overcollaterized Stablecoins Algorithmic Stablecoins Fractional Algorithmic Stablecoins Non-...
MakerDAO announces $100M DAI loan participation with US-based Huntingdon Valley Bank
The $100 million DAI loan is the first collaboration between MakerDAO and a US… The post MakerDAO announces $100M DAI loan participation with US-based Huntingdon Valley Bank appeared first on…