Tag: MakerDAO
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month to incentivize traders that swap into USDS a [...]
MakerDAO’s Christensen Hopes for ‘Firm Decision’ as MKR Holders Vote on Sky Brand
One way to track the success of this stablecoin, Christensen said, is through the portion of USDS held idle without earning rewards. Of the over $1 bi [...]
MakerDAO Contemplates Dropping SKY as Community Debates
Christensen wrote that three proposals are being considered to address community concerns: continue with Sky as the core brand to build on its recent [...]
Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO
The drama around wrapped bitcoin has energized competitors offering alternative versions of the token, including dlcBTC, Threshold's tBTC and FBTC, wh [...]
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
BA Labs, in its proposals to offboard WBTC, had cited perceived risks from Tron founder Justin Sun's involvement with BiTGlobal, the custodian for the [...]
Sky, Formerly MakerDAO, Will Vote on Fully Ditching Wrapped Bitcoin (WBTC) Over Justin Sun Concerns
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Crypto Lending Giant MakerDAO Renames to Sky with New USDS Stablecoin and Governance Token
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
MakerDAO to Offer Optional MKR Conversions for New Governance Token
Crypto lending platform MakerDAO, the protocol behind the DAI stablecoin, will allow MKR holders to convert their tokens to NewGovToken (NGT) tokens a [...]
BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC
Critics of Sun's involvement don't understand the operational mechanics, the crypto custodian's CEO, Mike Belshe, said during an X Space discussion.
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Bitcoin ETF Issuer Grayscale Introduces Crypto Fund for MakerDAO’s MKR
Maker is one of the largest protocols in the decentralized finance (DeFi) led by a community of token holders, or decentralized autonomous organizatio [...]
Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI
The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.
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What to Expect at Consensus 2024: Spotlight on Blockchain Tech
For blockchain developers, it's red meat. For others, it may sound unfamiliar. For everyone, including those somewhere in between, the three days are [...]
Decentralized stablecoins could dominate crypto: MakerDAO founder
Decentralized stablecoins may eventually dominate the stablecoin market, so long as crypto “ends up living up to its potential,” says Rune Christensen [...]
Multibillion Dollar Oracle Tool Chronicle To Expand Outside of MakerDAO Ecosystem
Chronicle will feature a dashboard that users can access to track the origin of any required data - which developers say will ensure on-chain data tra [...]
MakerDAO co-founder proposes fork of Solana codebase for native chain
MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Sola [...]