DAO Maker (DAO)
This New DAO Could Make VeChain the Hottest Blockchain in 2024
Crypto commentators show support for the upcoming VeBetterDAO by VeChain. CryptoBusy thinks the VeBetterDAO launch is a “groundbreaking” event for VET. VeBetterDAO will introduce quadratic…
Inflation, DAO, Official: Buterin Deconstructs Crypto’s Evolving Lexicon
Vitalik Buterin Says the crypto community is changing the meaning of English words. Buterin ascribes the words' evolution to a global cultural phenomenon. According to…
DAI Supply Continues to Surge: 24% Increase in Over Two Months
DAI supply surged 24% in two months, from 4.42 billion to 5.48 billion on May 12. The surge is primarily fueled by the popularity of…
Aave Chain Initiative Founder Faults MakerDAO’s Proposed $1B Allocation Via Morpho Labs
MakerDAO is considering allocating up to $600 million DAI into sUSDe and USDe via the Morpho Labs vault. Seraphim thinks MakerDAO’s allocation could positively impact…
Ethena Eyes Growth Surge Backed by MakerDAO’s Stablecoin Power
Maker DAO has reportedly planned to invest $600 million DAI into USDe and sUSDe via Morpho Labs. The development is expected to trigger the growth…
Messari: Maker’s Profit Expectation Drops From $80M to Below $2M
Maker’s profit expectations dropped from $80 million to under $2 million. Profit expectations dropped after introducing the Enhanced DAI Savings Rate (EDSR). The EDSR was…
Maker DAO Community Votes to Implement EDSR Via GOV12.1.2
The Maker DAO community has voted to introduce the Enhanced Dai Savings Rate (EDSR). EDSR will increase the effective DSR available to users in the…
MakerDAO Set To Introduce EDSR To Boost DAI Savings Rate To 8%
The MakerDAO community has concluded a poll to introduce the Enhanced Dai Savings Rate (EDSR). The EDSD would temporarily boost the interest rate for DAI…
MakerDAO Transfers $500 Million to Coinbase Custody
MakerDAO transfers $500 million to Coinbase’s custodial arm Coinbase Custody. The crypto lending protocol stated the funds were converted to USDC using the PSM. Coinbase…
USDC Remains the Primary Reserve on MakerDAO After Voting Process
The MakerDAO community voted in favor of USDC stablecoin as a primary reserve. Over 79% of MakerDAO’s community voted to maintain USDC as the primary…
