MakerDAO Achieves Record-Breaking 147% Surge in Annualized Income for 2023
Key Points: According to data from MakerBurn, the decentralized autonomous organization (DAO) MakerDAO has achieved a significant milestone, with its current annualized income reaching a record high of $95 million. This marks a substantial increase of 147% since the beginning of the year, making it the highest level recorded since mid-February 2022.
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Timeline of Maker
MakerDAO's DSR Proposal: Reshaping DeFi with 3.33% Rates - TheNewsCrypto
The MakerDAO community is preparing to vote on a proposal to raise the Dai Savings Rate (DSR) from 1% to 3.33%. DSR is the interest rate earned by individuals who lock their DAI into MakerDAO's DSR smart contracts.
Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data - Coindesk
Tron founder Justin Sun's potential sale of MakerDAO's token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol's controversial restructuring.
MakerDAO Co-founder Proposes Anonymity For Delegates - Crypto Daily
MakerDAO, a pioneering DeFi protocol, has initiated a vote on a proposal that would allow its delegates to maintain anonymity and keep their whereabouts undisclosed. Co-founder Rune Christensen is leading the proposal, which, if approved, would make anonymity a mandatory requirement for eligible voters.
MakerDAO plans major changes, including banning VPN and US users - Crypto news
MakerDAO, a decentralized crypto lending and borrowing protocol, is making changes on its roadmap, including banning virtual private networks (VPN) and users from the United States
MakerDAO Massive Upgrade, A New Era For DeFi? - NewsBTC
MakerDAO, the decentralized finance (DeFi) project behind the popular stablecoin DAI, has announced a major update called “Endgame.” Endgame is designed to enhance efficiency, resilience, and participation by applying fine-tuned AI tools to open scalable processes.
MakerDAO plots AI governance “endgame” - CryptoSlate
MakerDAO announced on May 11 a governance model that will make use of artificial intelligence (AI) and feature crypto tokens with a new brand. Founder aims for “governance equilibrium” According to a forum post from MakerDAO founder Rune Christensen, AI tools will create a “governance equilibrium” that directs development.
Why Maker (MKR) price is dropping after MakerDAO launched Spark - Invezz
The price of Maker (MKR) has been on the decline even after MakerDAO launched the Spark protocol yesterday. At press time, MKR was trading at $671.41, down 5.41% over the last 24 hours.
MakerDAO Launches Spark, A New Lending And Borrowing Protocol - Crypto Daily
Decentralized Finance (DeFi) pioneer MakerDAO has announced the launch of its lending and borrowing protocol, Spark. The new protocol's initial iteration will function as a lending platform and allow users to lend and borrow ETH, DAI, stETH, and sDAI.
What is MakerDAO building? These new proposals have the answer - AMBCrypto
MakerDAO governance continues to actively participate in making additions to the protocol. Proposals to increase stability fees and Coinbase Custody as a collateral asset got proposed.
MakerDAO's Endgame Is Making Some Delegates Uneasy - Blockworks
Community governance recently approved MakerDAO's newly proposed constitution, an important step toward Rune Christensen's “Endgame” plan, and many changes can already be observed in the community.