MakerDAO

MakerDAO

Markets

Ethereum Money Markets See Record Liquidations as Ether Tanks; MakerDAO Revenue Surges

On Friday, MakerDAO collected more than $15 million in liquidation penalty fees.

Ethereum-based lending-borrowing protocols saw record single-day liquidations on Friday. (Delphi Digital, Dune Analytics)

Finance

Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA in Quarterly Rebalancing

The world’s largest digital asset manager announced the updated weightings on Monday, following reconstitution of the CoinDesk DeFi Index (DFX).

(Nuthawut Somsuk/Getty Images)

Markets

DeFi Traders Push Terra’s UST Stablecoin to $10B Market Cap

The coin has surpassed Binance Smart Chain in total value locked amid rapid DeFi growth.

Moon Lightning

Finance

MakerDAO’s Rune Christensen Joins VC Firm Dragonfly Capital

Christensen is the founder of MakerDAO, which ranks second among DeFI projects with $19.3 billion in total value locked.

MakerDAO CEO Rune Christensen image via CoinDesk archives

Finance

MakerDAO’s Christensen Turns Optimistic After US Stablecoin Report

The founder of the crypto lender and stablecoin issuer had feared the worst about potential regulation.

MakerDAO founder Rune Christensen on CoinDesk TV

Videos

MakerDAO Founder on Biden Administration’s Stablecoin Report

A coalition of U.S. financial authorities under the Biden administration published its long-anticipated report and recommendations on the regulation of stablecoins last week.

CoinDesk placeholder image

Tech

Meet the DeFi Delegate Knocking on the Doors of Congress

MakerDAO delegate PaperImperium is leading the charge to educate lawmakers on crypto. But his crusade brings up a looming question: Should DeFi be regulated? And how?

Inside the U.S. Capitol's Cannon House Office Building, June 28, 2021 (Anna Moneymaker/Getty Images)

Finance

Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral

One of the largest banks in France is working with one of the largest protocols in DeFi on a historic step toward institutional adoption.

maker, dao

Videos

Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral

In a proposal Thursday on MakerDAO's governance forums, French multinational banking giant Société Générale (SocGen) applied for the DeFi lending platform to accept on-chain bond tokens issued by the bank as collateral for a stablecoin DAI loan for up to $20 million. "The Hash" panel discusses the historic step towards institutional adoption of DeFi.

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