Tag: DAI
Tether Dominates Curve's 3pool Liquidity With DAI, USDC Accounting for Just 20%
Tether accounts for 80% of the total liquidity in Curve's 3pool.
www.coindesk.com [...]
Russian Millionaire’s Startup Plans Ruble Stablecoin Following DAI Model
Alexander Lebedev's crypto startup InDeFi plans to issue a ruble stablecoin based on the model used by MakerDAO's DAI.
www.coindesk.com [...]
MakerDAO should ‘seriously consider’ depegging DAI from USD: Founder
MakerDAO founder Rune Chirstensen has urged members of the decentralized autonomous organization (DAO) to “seriously consider” preparing for the depeg [...]
Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO For DAI
Polygon, Optimism, Arbitrum, and Loopring are some of the well-known Ethereum layer 2 solutions, facilitating higher transaction throughput (expressed [...]
Celsius pays down 143M in DAI loans since July 1
Celsius has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled [...]
Maker cuts off Aave’s DAI supply as fallout from Celsius continues
MakerDAO has voted to cut off lending platform Aave’s ability to generate DAI for its lending pool without collateral as the risks of Celsius’s liquid [...]
Dai Creator Rune Christensen on Terra's Collapse
The MakerDAO founder wasn’t in the mood to say “I told you so,” following Terra’s stablecoin collapse, on CoinDesk TV’s “First Mover.”
www.coindesk.c [...]
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is no where near the price estimates of most analysts, multiple st [...]
MakerDAO deploys on layer-2 network StarkNet to enhance functions of DAI stablecoin
MakerDAO, a decentralized autonomous organization serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on th [...]
Hackers get away with $3M worth of DAI and Ether
Multi-token decentralized finance (DeFi) marketplace Deus Finance has become the latest victim of an exploit resulting in over $3 million losses in DA [...]
This Taiwanese Fintech is Building Dollar Liquidity Pipes with USDC, DAI and Tether
Taiwan’s financial sector is known for its conservative outlook, and rich pools of foreign reserves — the fifth largest in the world coming in at $546 [...]
Coinbase Offers Access to DeFi Yields With DAI and Compound
“Today we’re introducing a new way for Coinbase’s global customers to put their crypto to work and earn yield. We are making DeFi more accessible, [...]
Dai
Dai is a decentralized cryptocurrency built on Ethereum stabilized to the value of U.S. dollars. The asset is pegged 1:1 to dollars via what is kno [...]
Societe Generale proposes historic $20M DAI loan in exchange for bond tokens
One of France’s leading banks has turned to decentralized finance pioneer MakerDAO to propose the submission of bond tokens as collateral for a loa [...]
‘Sport changer’ for Maker and Ethereum with Optimism Dai bridge introduced
The Dai stablecoin produced by decentralized lending protocol MakerDAO is getting some pace and price enhancements with its forthcoming improve on [...]