MakerDAO | ForkLog

ForkLog 63 28.09.2022

What are MakerDAO (MKR) and the DAI stablecoin?

How did MakerDAO become a successful DeFi project? What makes the Dai stablecoin unique? What are the functions of the Maker (MKR) token? We answer in cards.

AI translated

ForkLog 14 22.09.2022

Controversial idea: Will the DAI stablecoin survive after decoupling from the dollar?

ForkLog examined the features of the founder's controversial idea, highlighted the main opposing camps within the project and weighed the potential risks associated with the depegging of one of the largest stablecoins.

AI translated

ForkLog 13 07.09.2022

Coinbase proposes MakerDAO move one-third of USDC to Coinbase Prime

The cryptocurrency exchange Coinbase has put to a community vote a MakerDAO proposal to move one-third of USDC from the stability module (PSM) valued at $1.6 billion to Coinbase Prime at an interest rate of up to 1.5% per year.

AI translated

ForkLog 10 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.

AI translated

ForkLog 8 11.08.2022

Vitalik Buterin criticises MakerDAO’s plan to sell USDC worth $3.5 billion

Ethereum co-founder Vitalik Buterin criticized MakerDAO's idea to rebalance the collateral backing the DAI stablecoin.

AI translated

ForkLog 15 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.

AI translated

ForkLog 9 07.07.2022

Celsius repaid its MakerDAO loan and withdrew 23 962 WBTC in collateral

The crypto-lending platform Celsius Network has fully repaid its loan in the MakerDAO DeFi protocol and withdrew collateral totaling 23 962 WBTC worth about $490 million.

AI translated

ForkLog 7 05.07.2022

Celsius repays $142.8m loan in MakerDAO protocol

In July, Celsius Network, the crypto-lending platform, repaid $142.8 million in the DAI stablecoin to settle a loan in the MakerDAO DeFi protocol.

AI translated

ForkLog 8 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".

AI translated

ForkLog 5 28.06.2022

MakerDAO participants vote down plan to create an advisory council

The MakerDAO DeFi platform community rejected the proposal to create an advisory council on lending. In the vote on the initiative, more than 30% of the circulating MKR supply participated.

AI translated

ForkLog 15 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.

AI translated

ForkLog 10 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.

AI translated

#MakerDAO