Making new MKR investment? Read this latest update first
Closing the trading month at an index price of $679.41, MKR recorded a 42% decline in its price in August. On a daily chart, this free fall in price within the 30-day period caused the token to make a falling wedge.
Timeline of Maker
MakerDAO [MKR]: Liquidation fears looming, thanks to - AMBCrypto
Blockchain analytics firm PeckShieldAlert informed the community on Twitter today (19 September) that a certain vault on MakerDAO was actively under the threat of liquidation as Ether's price dipped below $1300, at the press. As per data from Oasis.app, ETH-B Vault 28300, which currently has $4.3 million (3354.
MakerDAO confirms Merge threat to cut down USDC but there's more - AMBCrypto
DeFi protocol, MakerDAO [MKR], updated the risks it could face as a result of the Ethereum [ETH] Merge. Recall that the crypto lending project had initially highlighted some threats in August.
Coinbase Proposal Could See MakerDAO Earn $24M Annually - Crypto Daily
Coinbase has just submitted a proposal that could see MakerDAO earn $24 million annually if its community approves. The proposal comes just days after Rune Christensen's big push to make the MakerDAO protocol reduce its reliance on USDC as collateral.
New Coinbase Proposal Would Boost This DeFi Protocol's Revenue By $24M Annually - Benzinga
U.S. crypto exchange Coinbase Global Inc (NASDAQ: COIN) has put out a new proposal that would increase Maker DAO's (CRYPTO: MKR) revenue by $24 million a year. What Happened: In a new governance proposal released on Tuesday, Coinbase proposed transferring 33% or $1.6 billion of USD Coin (CRYPTO: USDC) on MakerDao's Peg Stability Module (PSM) into Coinbase's yield-bearing account.
Coinbase submits proposal that could earn MakerDAO $24M annually - CryptoSlate
Coinbase has submitted a proposal that could see MakerDAO (MKR) earn up to $24 million annually if passed. The post Coinbase submits proposal that could earn MakerDAO $24M annually appeared first on CryptoSlate.
Maker [MKR] threatens a push lower, can $750 stave off bears' efforts - AMBCrypto
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. MakerDAO's token MKR formed a series of lower highs on the price charts in recent days.
MakerDAO Co-founder Proposes “Endgame Plan” to Protect DAI From Attack - Crypto news
The co-founder of MakerDAO has laid out his plan to convert the DAI stablecoin into a free-floating asset if the protocol fails to attain a 75% decentralized collateral level within three years.
MakerDAO's Christensen Pushes “Endgame Plan” to Save DAI From Attack - Crypto Briefing
Rune Christensen has outlined his vision for turning the DAI stablecoin into a free-floating asset if the protocol is unable to reach a 75% decentralized collateral threshold within three years.
MakerDAO Co-founder Recommends DAI-USD Depegging: 'No Option But To Prepare To Free Float Dai' - Benzinga
MakerDAO co-founder Rune Christensen has reached out to the community in light of recent conversations of decoupling its native token from USD Coin (CRYPTO: USDC) amid the sanctioning of Tornado Cash to explain why free-floating Dai (CRYPTO: DAI) may be the only option for the decentralized autonomous organization (DAO). Christensen acknowledged underestimating the hazards associated with risk-weighted assets in his blog post titled "The Path of Compliance and the Path of Decentralization: Why Maker has no option but to Prepare to Free Float Dai.
MakerDAO recommends DAI-USD de-pegging to limit attack - Coinnounce
In light of recent discussions about separating its native token from USD Coin (USDC) during the approval of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community and explained why free-floating DAI might be the only option for the decentralized autonomous organization (DAO).