DAI | ForkLog - Part 2

ForkLog 7 29.08.2022

MakerDAO co-founder proposes decoupling DAI from the dollar

A freely floating DAI is the only path to decentralisation and regulatory compliance, according to Rune Christensen, co-founder of the DeFi platform MakerDAO.

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ForkLog 10 08.07.2022

MakerDAO to provide $100 million loan to a US bank

The MakerDAO DeFi platform community approved the creation of a vault with a $100 million DAI limit for the Huntingdon Valley Bank, founded in 1891 in the United States.

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ForkLog 7 29.06.2022

MakerDAO to allocate 500 million DAI from reserves into bonds

The MakerDAO DeFi platform community has begun voting on investing unallocated 500 million DAI in "low-risk bonds".

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ForkLog 9 20.06.2022

MakerDAO halts Aave-related lending operations

The MakerDAO DeFi platform community voted to disable Aave from the direct-deposit module. The decision was prompted by Celsius Network taking out a 100 million DAI loan backed by stETH using a crypto-lending project.

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ForkLog 9 16.06.2022

Expert outlines potential scenario for DAI price destabilisation

ForkLog's regular author Dmitry Bondar analysed the current state of MakerDAO's stablecoin DAI.

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ForkLog 5 08.02.2022

DAI market supply exceeds 10 billion DAI

DAI market supply has surpassed the 10 billion mark, according to Daistats.

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ForkLog 22 16.12.2021

Algorithmic Stablecoins: How Alternatives to USDT and USDC Are Evolving

ForkLog examined the features of various stablecoin technologies, weighing their strengths and weaknesses.

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ForkLog 12 01.10.2021

Societe Generale proposes MakerDAO the first ‘security token refinancing’

The financial conglomerate Societe Generale has proposed to the DeFi project MakerDAO to use digital bonds issued by its subsidiary Forge as collateral to obtain a $20 million loan in the stablecoin DAI.

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ForkLog 5 03.01.2021

Value of MakerDAO’s locked assets tops $3 billion

Against the backdrop of rapid Ethereum growth, the total value locked (TVL) on MakerDAO's DeFi smart contracts reached $3.15 billion.

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ForkLog 7 07.12.2020

Stablecoin capitalization tops $25 billion

The total market capitalization of the five most popular stablecoins surpassed $25 billion. This accounts for 4.3% of the overall cryptocurrency market cap, according to CoinGecko.

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ForkLog 9 26.11.2020

DAI price spike on Coinbase triggers $100m liquidations on Compound

A brief spike in the price of the DeFi token DAI on Coinbase led to the liquidation of users’ positions on the crypto-lending platform Compound, amounting to millions of dollars.

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ForkLog 6 15.11.2020

DAI market capitalization surpasses $1 billion

The circulating supply of the DeFi stablecoin DAI first surpassed 1 billion coins.

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