DAI

MakerDAO Review: One Of The Most Powerful DeFi Platforms Currently

MakerDAO was among the first lending platform. This platform's offering is the stablecoin DAI, which has been popular in DeFi,…

10 months ago

MakerDAO Backed DAI By Purchasing $700 Million In US Treasury Bonds, MKR Up 5%

MakerDAO purchased another $700 million in US Treasury bonds, bringing the platform's DAI stablecoin reserve to $1.2 billion.

11 months ago

DAI Surpasses BUSD, Becoming The Third-largest Stable Currency

DAI has taken BUSD's place to become the 3rd largest stablecoin by market capitalization at the moment.

11 months ago

Whales Take Advantage Of Tether Depeg’s Opportunity To Earn Millions of Dollars

The unprecedented flood of Tether has raised questions about the stablecoin's reliability and raised worries about USDT's depegging.

11 months ago

USDT Is Under Selling Pressure As It Loses 0.3% Of The Value

Tether's USDT, the biggest stablecoin by market capitalization, is under pressure, according to speculation.

11 months ago

MakerDAO Promotes Removal Of Gemini’s $390 Million GUSD From Its Reserves

MakerDAO intends to withdraw $390 million in cryptocurrency exchange Gemini's GUSD stablecoin from its reserves.

11 months ago

MakerDAO: About 42% of DAI’s Initial Use Cases Are For Decentralized Exchanges

In a recent announcement, MakerDAO revealed that approximately 42% of the initial use cases for DAI, the stablecoin issued on…

11 months ago

MakerDAO Proposes Eliminate Of $500M In USDP From Its Reserves

MakerDAO wants to lower the USDP peg stability module debt limit from 500 million DAI to 0 DAI.

11 months ago

MakerDAO Continues Stablecoin Race With Spark Protocol Launch

MakerDAO has officially released the newest update to be competitive in the stablecoin competition, this time via the Spark Protocol…

12 months ago

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