A bullish ETH market appears to be increasing the number of large collateralized debt positions on MakerDAO.
This is a post about a lossless DAI lottery called PoolTogether. But it’s really about how Facebook’s Libra project will make money for its big backers.
Fresh on the heels of the addition of EOS, Coinbase is adding ethereum stablecoin DAI to its Earn program.
Insurtech startup Nexus Mutual and wallet provider Argent have teamed up to bring bank account-like protection to ethereum.
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
After nearly two weeks of continuous voting, MakerDAO token holders have officially activated a decrease to DAI stablecoin fees.
A decrease to fees on stablecoin DAI failed to activate over the weekend due to a lack of voter turnout.
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.
After four months, the ethereum-based stablecoin DAI looks to be maintaining a steady dollar valuation.
For the first time in months, the dollar-pegged stablecoin DAI is trading on major cryptocurrency exchanges actually at $1.