Tag: DAI

Cryptocurrency lending platform MakerDAO has integrated Chainlink Automation to stabilize the value of its stablecoin, DAI – a decentralized digital asset pegged to the USD. Chainlink shared the announcement in…

While there has been issues in the stablecoin market, DAI offers massive benefits to traders. Enter the benefits of this project!

In August, MakerDAO added the bank’s digital asset-focused subsidiary, Societe Generale–Forge, to its vaults with a credit limit of $30 million in DAI after a unanimous vote

MakerDAO — the decentralized autonomous organization managing the DAI stablecoin — is voting to decide whether to increase DAI’s interest rate.

GnosisDAO’s GNO token is now one step away from being an approved collateral for minting the DAI stablecoin on MakerDAO. The post MakerDAO delegates approve GnosisDAO token as DAI collateral…

The first phase of GNO becoming a DAI collateral has passed as the MakerDAO governance voted yes to the proposal. The post MakerDAO governance votes yes to adding GnosisDAO token…

It has led to an increased amount of instability.

Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s…

Maker DAI is thriving after Terra’s collapse with UST biting the dust and USDT briefly losing its peg but not DAI. So what happened?