MakerDAO


Finance

MakerDAO Constitution Would Fund Sustainability Efforts With 20K MKR Tokens From Reserves, Emissions

With “scientific sustainability” as a core principle, an early draft of the proposed Maker constitution would, if approved, play an active role in combating climate change by allocating $14 million worth of MKR tokens to its Scientific Sustainability Fund.

(DALL-E/CoinDesk)

Tech

MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance

The decision opens the way for MakerDAO to earn an estimated 2% annual yield on USDC stablecoin deposits.

(Cleveland Trust Co/Modified by CoinDesk)

Markets

Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin

The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.

(Getty Images)

Markets

MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves

The result averts near disaster for Gemini’s stablecoin, because MakerDAO holds 85% of all GUSD in circulation.

Tyler Winklevoss and Cameron Winklevoss, creators of crypto exchange Gemini Trust Co. (Joe Raedle/Getty Images)

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Markets

MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting

MakerDAO voters so far prefer keeping the $500 million Gemini USD stablecoin ceiling in Maker’s DAI stablecoin reserve over decreasing its role or phasing it out.

Tyler Winklevoss y Cameron Winklevoss, cofundadores de Gemini. (Joe Raedle/Getty Images)

Markets

MakerDAO Community Votes to Hike DAI Rewards to 1%

Some 71% of voters favored hiking the DAI Savings Rate to 1%, the highest option offered in the voting.

Could BTC price rise 44% from firms buying in the open market? (Getty Images)

Videos

MakerDAO Founder on Community Rejecting CoinShares’ Proposal

MakerDAO founder Rune Christensen joins "First Mover" to discuss why the MakerDAO community rejected CoinShares' proposal to use up to $500 million in stablecoin USDC to invest in bonds with the crypto investment firm.

Recent Videos

Videos

MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds

The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance. Plus, details on the community’s voting on increasing DAI stablecoin rewards.

Recent Videos

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Markets

MakerDAO, gigante DeFi, vota por el aumento de las recompensas de la stablecoin DAI

El aumento de la tasa de ahorro de DAI incrementaría la competitividad de la stablecoin de Maker y ayudaría a mitigar la salida de capital de los mercados de criptomonedas a los mercados financieros tradicionales, dijeron colaboradores de MakerDAO.

(Unsplash)

Markets

DeFi Giant MakerDAO Voting on Hiking DAI Stablecoin Rewards

Increasing the DAI savings rate would increase the Maker stablecoin’s competitiveness and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO contributors said.

Could BTC price rise 44% from firms buying in the open market? (Getty Images)