DAI


Markets

DeFi Giant MakerDAO Voting on Hiking DAI Stablecoin Rewards

Increasing the DAI savings rate would increase the Maker stablecoin’s competitiveness and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO contributors said.

MakerDAO community votes to hike DAI rewards to 1% (Getty Images)

Tech

DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Optimism

MakerDAO’s new technology, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s congested base layer.

(Unsplash)

Finance

Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico

A 29-year-old man's body was pulled from the currents Friday morning off a beach in the Condado area of San Juan, El Nuevo Dia reported, citing local police.

Nikolai Mushegian (DappHub)

Markets

Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence

The development is part of a move away from centralized crypto products such as stablecoins.

Venture capital firm Variant commits $450 million to its third crypto-focused fund. (Horst Schwalm/Pixabay)

Videos

MakerDAO Founder on Tornado Cash, Stablecoin DAI, Ethereum Merge

The U.S. Treasury has sanctioned crypto mixer Tornado Cash, which could have a ripple effect across the industry. Rune Christensen, founder of Ethereum’s pioneering decentralized money layer MakerDAO, discusses the ban and what it means for MakerDAO, its decentralized stablecoin DAI and the state of DeFi. Plus, exploring the impact of Ethereum's merge.

Recent Videos

Markets

Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO for DAI

The expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether.

Liquid staking giant Lido to offer an ether staking service on Ethereum layer 2 networks. (geralt/Pixabay, PhotoMosh)

Finance

Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs

Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentinian peso, using MakerDAO’s DAI as collateral.

Buenbit CEO Federico Ogue (Buenbit)

Layer 2

MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module

MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform.

(artpartner-images/The Image Bank/Getty)