MakerDAO raises debt ceiling to $1 billion for Dai allocations in Ethena's stablecoin markets on Morpho
This allocation aims to broaden MakerDAO's collateral exposure by incorporating Ethena's USDe into its ecosystem via Morpho.
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This allocation aims to broaden MakerDAO's collateral exposure by incorporating Ethena's USDe into its ecosystem via Morpho.
Bitcoin attempts to break out of a bullish chart formation, opening the door for TON, STX, MNT, MKR and other altcoins to follow.
Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would decelerate the EU to the Stone Age, disrupting European defi access for less tech-savvy users.
Aave DAO has made certain moves against MakerDAO that have ignited concerns within the DeFi community, signaling a potential rift that could fragment the ecosystem.
In the past two months, Aave's DAO has made a flurry of moves aimed to preserve alignment within the organization.
A recent Aave proposal threatens to sever any remaining strings holding both projects together.
Ethena's USDe deal with MakerDAO raises concerns across the DeFi sector.
The decentralized finance (DeFi) protocol Maker (MKR) is considering allocating up to $600 million worth of its stablecoin DAI into markets for Ethena's synthetic dollar, USDe. Last week, Maker deployed 100 million DAI to Spark's sUSDe/DAI and USDe/DAI markets on Morpho Blue, a lending protocol on Ethereum (ETH).
Aave is proposing a new framework as it gears up for the DeFi competition, ahead of MakerDAO's upgrade plans this year.
Ethena Protocol and its flagship product USDe have both been at the center of a dispute between MakerDAO and Aave.
TL;DR Ethena Labs ENA Token: Ethena Labs has launched its governance token, ENA, with strong market anticipation reflected in prelaunch futures trading. The token debuted at 64 cents, aiming to strengthen Ethena's DeFi market presence and governance.
The proposal aims to lower risks with minimal user impact, as only a tiny portion of DAI is collateral on Aave, and users can switch to USDC or USDT.
Is MakerDAO towing a dangerous path amid proposed plans to allocate $1 billion DAI to USDe?
Decentralized Finance (DeFi) protocol MakerDAO is considering allocating 600 million DAI stablecoins to the USDe and staked USDe (sUSDe) protocols through the DeFi lending platform Morpho Labs. The proposed allocation aims to improve risk management and maximize user incentives in the DeFi landscape.
Marc Zeller, the founder of the Aavechan Initiative, has proposed to the decentralized autonomous organization (DAO) overseeing Aave to remove DAI stablecoin's collateral status within the protocol's lending ecosystem.
Synthetic dollar issuer Ethena Labs has announced the launch of claims for its new governance token ENA. The protocol, known for its yield-earning USDe token, is looking to distribute 750 million ENA tokens through an airdrop.
MakerDAO, the governing body of the popular DAI stablecoin, is contemplating a substantial allocation of 600 million DAI to the fast-growing USDe synthetic dollar stablecoin via Morpho Labs. This strategic move comes as Ethena Protocol, the platform behind USDe, prepares to launch its native ENA token airdrop.
MakerDAO is reportedly considering a substantial investment of $600 million in DAI into USDe and staked USDe (sUSDe) via Morpho Labs' DeFi lending protocol. This move is in line with the growth strategies of MakerDAO and extends the company's activity in the cryptocurrency lending sector.
The move would put Ethena total value locked growth "on track with internal expectations," according to Ethena's head of growth, Seraphim Czecker.
ONDO's price experienced a significant surge amidst increasing interest in the Real-World Asset sector.
MKR's high MVRV ratio might present an opportunity for token holders to take profit.
Blockchain protocol MakerDAO (MKR) continues to see significant gains, maintaining a strong upward trend throughout the year. MKR has seen significant growth of over 358%, accompanied by positive metrics reflecting increased adoption and usage of the protocol.
The new crypto bull market has set the stage, and investors cannot ignore the potential of these altcoins to deliver 20X returns by 2025.
Bitcoin recovered the $68,000 level, triggering buying in NEAR, APT, RNDR and MKR.