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MakerDAO has rebranded to Sky and announced the names of its upcoming upgraded tokens, USDS and SKY, set for September 18. The release of the names follows its recent confirmation of upgrades to its token ecosystem.
Real World Assets domain cryptos are gaining attention steadily, and the upcoming September 2024 for MKR, ONDO, and, PENDLE, looks favorable for investment. Maker(MKR) MKR is loaded with positive fundamentals like the recent adoption by top crypto asset management Grayscale, which added MKR to its crypto investment list.
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.
Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you're an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of the most promising RWA altcoins to consider in September.
New tokens are coming to MakerDAO's ecosystem and that could mean something.
MakerDAO has introduced NewStable (NST) and NewGovToken (NGT) to enhance user participation in governance and ensure regulatory compliance as part of its strategic endgame plan.
Crypto lending platform MakerDAO, the protocol behind the DAI stablecoin, will allow MKR holders to convert their tokens to NewGovToken (NGT) tokens at a ratio of 1:24,000.
Besides introducing the new governance token, MakerDAO plans to debut a new stablecoin dubbed NewStable (NST).
As part of its endgame plan, MakerDAO has planned an optional conversion of each MKR into 24,000 NewGovToken (NGT) tokens.
MakerDAO has planned an optional conversion of each MKR governance token into 24,000 NewGovToken (NGT) tokens as part of its Endgame plan.
MakerDAO introduced new upgraded versions of its DAI stablecoin and the MKR governance token, called NewStable (NST) and NewGovToken (NGT), respectively. According to the Aug.
Decentralized blockchain protocol MakerDAO has announced an upgrade for DAI and MKR tokens. The platform released two new assets, NewStable and NewGovToken which will exist alongside DAI and MKR.
TL;DR MakerDAO launches the NewStable and NewGovToken, while maintaining the availability of the current DAI and MKR tokens. NewStable will replace DAI for new transactions at a 1:1 conversion rate, while DAI will continue to be used for specific applications.
New MakerDAO tokens have been introduced, while DAI and MKR will remain available.
With the ongoing volatility in the cross-border payment system, the DeFi tokens have recorded a strong bullish recovery by displaying a positive price action over the past few days. Moreover, top tokens have successfully breached their important resistance levels, suggesting a bullish outlook.
MakerDAO securer Chronicle is launching its real-world asset oracle via integration with onchain protocol M^0.
Despite recent struggles, Bitcoin (BTC) has reclaimed the $60,000 price level and is trading at $61,100, up over 4% during the past 24 hours. BTC and Ethereum (ETH) were trading flat early on Monday but quickly shrugged off the initial lethargy to record noticeable gains.
MakerDAO, the decentralized autonomous organization behind the DeFi protocol Maker, has approved a proposal to halt new borrowing against BitGo's wrapped Bitcoin (WBTC). On Aug. 15, MakerDAO revealed that it was reducing the debt ceiling for all WBTC vaults to zero.
MakerDAO will extend its tokenization program by inviting companies to build new products based on short-term T-bills. Due to counterparty risk, Maker is overhauling its collateral portfolio after unwinding WBTC positions.
The governance of MakerDAO has made a bold decision to modify the terms of using Wrapped Bitcoin (wBTC) as security for new loans.
An executive vote among MakerDAO delegates lowered the WBTC debt ceiling to zero DAI, blocking any new loans using WBTC as collateral.
TRS filed the suits in September 2022, seeking payments for damages and the ability to instruct both DeFi platforms on the usage of the patented technology.
Critics of Sun's involvement don't understand the operational mechanics, the crypto custodian's CEO, Mike Belshe, said during an X Space discussion.
Maker (MKR) has seen a 7.47% increase in its value and a noticeable uptick in network activity following the announcement of Grayscale's new MakerDAO Investment Trust.
