MakerDAO Invests in US Treasuries with Backing Assets Equivalent
It has been revealed that the MakerDAO community is considering investing about 500 million dollars in US Treasuries in order to obtain a low-risk yield from stablecoin on the balance sheet. The Maker Governance votes to determine how to allocate 500 million DAI between different investment strategies.
 MKR |
$ 2793
|
 |
Timeline of Maker
Maker: The if, but and so of MKR's 75% ten-day rally - AMBCrypto
It has been a while since Maker [MKR] experienced any significant upside given the bearish nature of the market, especially in the last two months. However, the MKR bulls have finally made an appearance, resulting in a healthy relief rally in the last seven days.
MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions - BeInCrypto
MakerDAO, one of the oldest DAOs, has suspended its DAI stablecoin from being minted and deposited into Aave's lending platform. The post MakerDAO Pauses DAI Deposits, Cites Adverse Market Conditions appeared first on BeInCrypto.
MakerDAO ‘Endgame Plan' Calls for Specialized DAOs, Says Protocol is Held Back by Complexity - Cryptonews
A detailed proposal to bring the MakerDAO (MKR) protocol to a “predetermined, immutable end state” by setting up several new decentralized autonomous organizations (DAO) has been published by the protocol's founder Rune Christensen. The plan aims to improve governance and tap into “the raw power of modern [decentralzed finance] (DeFi) innovation.”
MakerDAO [MKR]: This report card should be considered before exiting - AMBCrypto
With the claims of building the world's first unbiased currency and leading decentralized stablecoin, DAI, MakerDAO is a decentralized organization built on the Ethereum blockchain providing liquidity to its users. Recent data from DefiLlama showed that, with a total of $9.91b, MakerDAO is now the first in the ranking of decentralized applications in terms of
Maker (MKR) Spikes by 61% due to Whale Activity Reaching All-Time High - Crypto news
Maker's MKR has risen by over 61 percent, according to Santiment feed, as the overall crypto market dips further. Sentiment on Twitter reported that the significant hike could be attributed to a recent spike in whale transactions propelling the asset…
Up by 21%, MKR's whale activity is having this effect - AMBCrypto
By now, any investor who follows crypto knows the market crashed and burned this week. Both Bitcoin and altcoins suffered immensely following headwinds (Rising inflation, interest rate hikes, and geopolitical instability).
Maker [MKR]: As one of the rare alts in the green, here's what you should know - AMBCrypto
On ‘Friday the 13th', the crypto market was slowly recovering from its scare the previous day, when Bitcoin slipped below $27,000. At press time, though, most of the top 100 coins and tokens were still in the red.
Maker Price Analysis: MKR Sellers Plan A Revisit $1000; Buy Again? - Coingape
Due to a sudden price drop of its competitor Terra(LUNA), the MKR/USDT pair has witnessed a significant inflow as investors are safer with DAI stablecoin. As a result, the altcoin nearly jumped 80% on its intraday level and reached a high of around $2300.
Maker [MKR]: With investors losing over $31.4B in a day, here's what to expect next - AMBCrypto
MakerDAO over the last month has noticed a significant reduction in the total value locked on the protocol, reducing from $17 billion to $12 billion as of today. Now while the broader crypto market has been taking a hit, Maker, in particular, has seen the worst of it.
Anchor (ANC) Surpasses Maker (MKR) in Total Value Locked - BeInCrypto
The increased popularity of the Terra ecosystem saw Anchor surpass Maker in total value locked (TVL) last month. The post Anchor (ANC) Surpasses Maker (MKR) in Total Value Locked appeared first on BeInCrypto.
