The MakerDAO Foundation is getting serious about its planned obsolescence. A governance call Thursday laid out founder Rune Christensen’s three pillars of full decentralization.
Dragonfly Capital, Paradigm Buy $27.5M Stake in Governing MakerDAO’s Future
Combined, the VCs have the second largest private stake in the MKR ecosystem.
MakerDAO’s Multi-Collateral DAI Token Is Launching Nov. 18
From Nov. 18, borrowers of DAI tokens will be able to stake multiple types of cryptocurrency collateral, not just ETH. Augur’s REP token and Brave’s BAT token are some of the assets under consideration.
How MakerDAO Works – The Stablecoin Explainer
The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin’s price stable. Under the hood, it’s quite complex, featuring two separate tokens, a lending system and even a voting process. Here’s how it works
MakerDAO Fee Decrease Stalls Amid Decline in Token Holder Voting Turnout
A decrease to fees on stablecoin DAI failed to activate over the weekend due to a lack of voter turnout.
MakerDAO Votes to Decrease Stablecoin Fees for First Time in 5 Months
Dollar-backed stablecoin DAI is trading above a dollar for the first time in a long-time. MakerDAO token holders have voted to decrease fees on the stablecoin in order to address high market demand for DAI.
Leaked Letter Exposes Infighting Atop Flagship Ethereum Project MakerDAO
The non-profit entity behind ethereum’s hottest decentralized startup is wracked with infighting, a legal letter obtained by CoinDesk reveals. The letter, dated April 1, is from an attorney representing five board members of the Cayman Islands-based MakerDAO Ecosystem Growth Foundation (MEGF) who say they were pressured to resign by CEO Rune Christensen in late March. […]
Coinbase Pro Lists EOS, Augur’s REP and MakerDAO’s MKR Tokens
EOS, MKR and REP will become fully available for trading sometime Tuesday on Coinbase’s professional platform.
MKR, THETA, ENJ, MET: These 4 Cryptos Outperformed the Market in February
Bitcoin may have ended a six-month losing streak in February, but MKR, THETA, ENJ and MET ensure it wasn’t the crypto market’s biggest winner.
