Tag: Collateral
First Mortgage Ever Issued With Ethereum Area Title as Collateral
Rocket LP DAO, a 4-month-old mortgage supplier that makes use of non-fungible tokens (NFTs) as collateral, issued a $1,000 mortgage this week, bac [...]
What Makes DeFi Decentralized? Rune Christensen on Centralized Collateral and Decentralizing Make
As a part of its Black Thursday mitigation efforts, MakerDAO launched USDC as a type of collateral. Whereas this was an emergency measure, it touc [...]
Retail Traders Can Now Use Paxos Gold as Collateral Towards Loans
Crypto-lending platform Nexo has at the moment, March 25, opened up the choice of utilizing PAX Gold (PAXG) as collateral in opposition to its loa [...]
MakerDAO Governance Approves USDC Stablecoin as Collateral
The MakerDAO governance has accredited the USD Coin (USDC) stablecoin because the third collateral kind accepted within the Maker Protocol, in acc [...]
MakerDAO Provides USDC as DeFi Collateral Following ‘Black Thursday’ Chaos
MakerDAO has added a 3rd asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, [...]
MakerDAO Contemplating USDC Collateral Assist For Enhanced Liquidity
MakerDAO, main participant within the decentralized finance sector, is going through liquidity threat in an uncertain market. The MakerDAO group i [...]
$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles
The budding marketplace for cryptocurrency-backed loans met its first large stress take a look at this week as bitcoin (BTC) dropped 40 percent and [...]
Ethereum Basic Jumps Into DeFi With Fantom Partnership, However Solely as Collateral
ETC Labs and Fantom Basis are collaborating to carry decentralized finance (DeFi) to Fantom’s ecosystem, a Feb. 10 press launch announced. Ethereu [...]