Maker
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
The development is part of a move away from centralized crypto products such as stablecoins.
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.
Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral
The troubled crypto lender paid down the remaining $41 million of its debt on the DeFi platform.
Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral
Troubled crypto lender Celsius paid down $183 million of its debt to the decentralized lending protocol Maker, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped. "The Hash" team discusses what's next for Celsius and the wider state of DeFi.
Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows
The troubled crypto lender paid down $183 million of its debt to the decentralized lending protocol Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.
MakerDAO Moves Toward Multi-Chain With StarkNet Bridge
Ethereum-based DeFi lending and stablecoin platform MakerDAO is bridging to an overall network called StarkNet as part of efforts to reduce transaction fees and gradually move toward a multi-chain future. “The Hash” group discusses the significant impact MakerDAO has had in the DeFi space and security concerns that might arise as projects like Maker undergo fast-paced development.
Making MakerDAO Matter Again
Recent governance proposals aim to take DeFi’s once-dominant stablecoin issuer into the “real world.”
MakerDAO Will Allow Users to Use Real Estate to Finance Loans
The price of MakerDAO’s token, Maker (MKR), has been soaring past $4K amid news that MakerDAO is bridging real estate with the blockchain world. MakerDAO Head of Real-World Finance Sébastien Derivaux discusses the latest price surge and how people can put real-world property on the blockchain and borrow against it.
Maker Price Soars As MakerDAO Brings Real-World Assets to DeFi
The Maker token's price has soared to a new all-time high over $4K after news that MakerDAO will allow users to use real estate to finance their loans on the platform. Will Foxley breaks down the significance of MakerDAO's move to bring real-world assets to DeFi.
Maker Price Passes $4K for First Time, as MakerDAO Brings Real Estate to DeFi
"Real world" assets have entered DeFi, as the Maker protocol reportedly just minted $38,000 of dai stablecoins to finance a mortgage loan.
