DAO Maker (DAO)
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…
MakerDAO’s Total Collateralization Stands at 15.4%; Report Says
MakerDAO tweeted that the total collateralization of the system is at 15.4%. The platform commented that there was no liquidation over the past week. It…
DAO Maker Price Prediction 2023-2030: Will DAO Price Hit $6 Soon?
Bullish DAO Maker (DAO) price prediction ranges from $1.21 to $6. Analysis suggests that the DAO price might reach above $6 soon. The DAO bearish…
MakerDAO Plans to Ramp Up its US Treasury Bond Investments to $1.25B
MakerDAO recently announced the extension of its US treasury bond investments. The extension is from $500 million to $1.25 billion. The strategy is expected to…
MakerDAO Analyst: You Cannot Change World with $100M DAI Tokens
A financial analyst recently discussed the financial operations of Maker DAO. Derivaux said the DeFi giant needed scale to bank the unbanked. The crypto community…
Maker DAO Approves Chainlink Integration for DAI Stability
Chainlink Automation has joined the MakerDAO Keeper Network. DAO members approved the integration after a vote. Chainlink Automation will adjust pricing, raise debt ceilings, and…
Paxos Offers $29 Million To MakerDAO To Raise Debt Ceiling
Paxos has tapped MakerDAO to increase the debt ceiling of its Pax USD stablecoin to $1.5B. If accepted, the proposal would generate $29M in annual…
MakerDAO Set To Retain $500 Million GUSD In Its Reserve
MakerDAO’s community is voting to determine if it should hold GUSD in its reserve. Gemini’s recent troubles have prompted this governance vote for its stablecoin.…
French Bank Societe Generale Uses MakerDAO To Withdraw $7M DAI
French Bank Societe General withdraws $7 million worth of DIA from MakerDAO. This is the first time, the banking giant used the vault since August…
