BlockTower Credit, MakerDAO to Fund $220M of Real-World Assets via Centrifuge
The team at Centrifuge is pleased to close the year with the official launch of a $220 million fund with their partners BlockTower Credit and MakerDAO.
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The team at Centrifuge is pleased to close the year with the official launch of a $220 million fund with their partners BlockTower Credit and MakerDAO.
According to new data provided by Messari, MakerDAO's revenue declined significantly over the last 30 days, despite showing growth in other areas.
Following an executive proposal decided upon on 11 December and executed on-chain on 12 December, MakerDAO [MKR] implemented an increment of its DAI Savings Rate from 0.01% to 1%.
Following an executive vote, DAI holders who deposit their holdings into the “DAI Savings Rate” smart contract can rake in a fixed yield.
MakerDAO has eight projects planned. Among these include increasing the interest rate on DAI and removing renBTC as security for DAI.
MakerDAO is set to execute what the protocol has called its most important deployments of 2022 which includes compensation for delegates. The post MakerDAO to execute bundled governance actions, including pay for delegates appeared first on The Block.
MakerDAO announced a new proposal that would remove REN BTC vaults Their revenue through real-world assets increased, however, TVL declined In a tweet dated 10 December, MakerDAO revealed that they would be off-boarding various vault types with risk exposure. One of them would be REN-BTC vaults if the new proposal is passed.
MakerDAO's TVL plunged over the past week Its price suffered as well, declining drastically over the past few days MakerDAO [MKR] experienced a substantial drop in its total value locked over the last seven days. This is unusual, considering that its contemporaries mostly saw some upside in their TVL.
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MakerDAO introduced a new token to add to its collateral Revenue generated increased due to real world assets and plans to increase yields get approved MakerDAO, in a new proposal on 3 December, decided to increase the yields gained by DAI holders. Along with that, MakerDAO also added new tokens to their collateral.
The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christensen discusses the reason behind the rejection and his outlook for decentralized finance.
MakerDAO voted to implement the DSR that would see DAI holders get 1% of their investments DAI, currently the fourth largest stablecoin, witnessed a decline in volume over the last 24 hours MakerDAO, the governance division of Maker, the company that issues DAI, recently voted on the addition of interest rates in a proposal on 28
MakerDAO has voted in favor of a proposal to increase its flagship stablecoin DAI rewards from 0.01% to 1%.
The vote on the proposal to increase the DSR by 1%, 0.75%, 0.5% or 0.25% has ended
Almost 73% voted against CoinShares' proposal to invest $100-$500 million in U.S. bonds.
MakerDAO seeks votes from community members to hike its DAI Savings Rate. At press time, members voted overwhelmingly in support of a 1% increment.
MakerDAO — the decentralized autonomous organization managing the DAI stablecoin — is voting to decide whether to increase DAI's interest rate.
The dai (CRYPTO: DAI) savings rate (DSR), or the rate of interest the protocol pays to dai stakers, is up for voting in MakerDAO's governance forum. The MakerDAO Open Market Committee has proposed that the DAO members vote on whether to boost the current yield rate of 0.01% to one of four rates: 1%, 0.75%, 0.5%, and 0.25%.
MakerDAO's governance forum is voting to increase the dai savings rate (DSR), which is the rate of interest the protocol pays to dai stakers. The post MakerDAO is voting on increasing yield for the dai stablecoin appeared first on The Block.
As crypto lenders and centralized exchanges collapse left and right, Kaiko has a new data product tracking DeFi lending and borrowing. The post Kaiko launches market data product tracking Aave, Compound and MakerDAO: Exclusive appeared first on The Block.
About 72.43% of the community votes went against CoinShares' proposal to invest MakerDAO's funds into various traditional assets
MakerDAO has offered to integrate the Optimism chain on its network subject to community approval Its stablecoin, DAI, has remained top of supply on the protocol, and could also be impacted by the integration MakerDAO's [MKR] mission to enable its users to get better incentives seems to have taken another turn with a proposed Optimism [OP]
MakerDAO has announced that it has passed a governance vote which will remove Alameda Research-linked renBTC from its stablecoin collateral vaults. The move comes after the team at Ren stated that the current Ren 1.0 protocol will be closed.
The Alameda-linked tokenized Bitcoin asset will no longer be used to back DAI.