The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance.
You missed
BTC/USD$ 94,545.33 3.73%
ETH/USD$ 3,425.85 1.21%
USDT/USD$ 1.00 0.09%
SOL/USD$ 238.24 5.54%
BNB/USD$ 641.87 2.52%
XRP/USD$ 1.43 1.91%
DOGE/USD$ 0.403894 4.70%
USDC/USD$ 0.999562 0.04%
ADA/USD$ 0.974492 6.28%
STETH/USD$ 3,422.02 1.10%
TRX/USD$ 0.199936 4.22%
AVAX/USD$ 41.73 3.06%
TON/USD$ 6.26 2.53%
SHIB/USD$ 0.000025 1.57%
WSTETH/USD$ 4,063.65 1.38%
XLM/USD$ 0.489307 5.92%
WBTC/USD$ 94,578.34 3.47%
DOT/USD$ 8.35 9.04%
LINK/USD$ 17.51 2.76%
WETH/USD$ 3,427.70 1.31%
BCH/USD$ 500.60 1.90%
SUI/USD$ 3.23 5.40%
PEPE/USD$ 0.000019 3.99%
NEAR/USD$ 6.52 5.30%
LEO/USD$ 8.20 5.44%
LTC/USD$ 94.15 2.47%
UNI/USD$ 11.58 4.28%
APT/USD$ 11.95 2.79%
WEETH/USD$ 3,607.68 1.26%
ICP/USD$ 11.67 0.41%
HBAR/USD$ 0.13743 4.14%
USDS/USD$ 0.997484 0.34%
CRO/USD$ 0.178767 5.38%
ETC/USD$ 29.60 2.51%
POL/USD$ 0.551515 1.43%
TAO/USD$ 546.80 3.65%
RENDER/USD$ 7.69 2.82%
USDE/USD$ 1.00 0.10%
KAS/USD$ 0.150852 0.89%
FET/USD$ 1.45 1.60%
ARB/USD$ 0.907341 7.28%
DAI/USD$ 0.998751 0.12%
WBT/USD$ 23.95 1.99%
FIL/USD$ 5.65 2.01%
WIF/USD$ 3.32 3.53%
STX/USD$ 2.21 0.06%
OM/USD$ 3.69 0.06%
VET/USD$ 0.041048 3.52%
OKB/USD$ 54.85 1.52%
BONK/USD$ 0.000044 7.32%