MakerDAO hits this crucial milestone; will MKR mirror the sentiment?
Maker’s annualized fee revenue hit $94.87 million at the time of publication, the highest since mid-February 2022.
MakerDAO
Maker’s annualized fee revenue hit $94.87 million at the time of publication, the highest since mid-February 2022.
Amidst the bloodbath present ravaging the majority of cryptocurrencies, Maker (MKR) has managed to maintain its value and shown positive momentum. This current performance is noteworthy and has triggered the…
Key Points: On Wednesday, an arbitrage bot borrowed $200 million worth of the dai stablecoin (DAI) from MakerDAO using the DssFlash contract. This contract permits users to borrow any amount…
An arbitrage bot flash loaned $200 million worth of the dai stablecoin from MakerDAO on Wednesday, making a $3.24 profit after transaction fees.
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.…
The community governing MakerDAO, the decentralized autonomous organization (DAO) behind stablecoin DAI, has paved the way to purchase up to an additional $1.28 billion in U.S. government bonds via crypto…
The MakerDAO community has voted to approve a $1.28 billion investment in United States government bonds. The vote is a sign of the DAO’s willingness to invest in more traditional…
The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds.
The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds.
The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.