DAO Maker (DAO)
Jupiter Cancels Planetary Call to Focus on Breakpoint Event
Jupiter, the decentralized ecosystem platform, has announced the cancellation of this week’s Planetary Call. The team is fully dedicated to preparing for their upcoming Breakpoint event, where they will unveil...
Key Altcoins Signal Potential Undervaluation: LDO, NEXO, SUI, JUP, and ONDO
Market observers believe several altcoins, including Lido DAO ($LDO), Nexo ($NEXO), Sui ($SUI), Jupiter ($JUP), and Ondo ($ONDO), could be trading below their true value. Recent price action has been...
Shiba Inu Community Votes Against Burning 37.5 ETH, Favors Multisig Wallet
The Shiba Inu community has voted against burning 37.5 ETH, opting instead to secure the funds in a multisig wallet controlled by trusted community members. These funds, donated by partner...
Aave and MakerDAO: DeFi’s Big Players Make Big Moves
The decentralized finance (DeFi) sector is witnessing significant developments, with Aave and MakerDAO grabbing the spotlight. Aave just rolled out its V4 update, and MakerDAO launched its ambitious Endgame plan....
VeChain’s VET Token Gains Momentum as New DAO and Features Launch
VET, the native token of VeChain, an enterprise-grade L1 smart contract platform launched in 2015, is expanding its decentralized application offerings through its new platform, VeBetterDAO. The decentralized autonomous organization...
Dune Analytics Predicts Tokenized US Treasuries to Reach $3 Billion Market Cap
The market for tokenized U.S. Treasuries could surpass $3 billion by the end of 2024, according to Tom Wan, a data and research strategist at Dune Analytics. Wan’s prediction comes...
Institutional Giants Battle for MakerDAO’s Tokenized Treasury Prize
MakerDAO unveiled a $1 billion investment initiative in tokenized U.S. Treasury products, marking a significant shift in its reserve strategy. Announced at the Spark Tokenization Grand Prix at ETHCC in...
VeBetter DAO: VeChain’s Sustainability Platform Takes Off in Japan
VeChain’s VeBetter DAO has experienced significant growth and widespread adoption since its launch in February 2024. Recent statistics reveal that Japan leads in VeBetter DAO adoption, experiencing a substantial surge....
Arbitrum Diversifies $27 Million Treasury with Ondo-Backed Real-World Assets
The Arbitrum Endowment Committee is bridging traditional and decentralized finance with a proposed $27 million investment across six real-world asset (RWA) products to diversify its DAO treasury. This announcement was...
This New DAO Could Make VeChain the Hottest Blockchain in 2024
Crypto influencers CryptoBusy and Collin Brown have taken to X (formerly Twitter) to the impending launch of VeChain’s VeBetterDAO, highlighting its potential to transform the VeChain ecosystem and the broader...
Inflation, DAO, Official: Buterin Deconstructs Crypto’s Evolving Lexicon
Ethereum co-founder Vitalik Buterin has taken to the social media platform Warpcast to highlight how the crypto community is reshaping the use of certain English words and acronyms. In a...
DAI Supply Continues to Surge: 24% Increase in Over Two Months
The supply of leading stablecoin DAI has seen a remarkable growth spree since early March, with a 24% increase in just over two months, rising from 4.42 billion to 5.48...
Aave Chain Initiative Founder Faults MakerDAO’s Proposed $1B Allocation Via Morpho Labs
According to Seraphim, Ethena Labs’ Head of Growth, MakerDAO is considering allocating up to $600 million DAI into sUSDe and USDe via Morpho Labs vault. Citing a post on the...
Ethena Eyes Growth Surge Backed by MakerDAO’s Stablecoin Power
Maker DAO, a decentralized blockchain protocol on Ethereum, has reportedly planned to invest $600 million in DAI into USDe and staked USDe (sUSDe) via the DeFi lending protocol, Morpho Labs,...
Messari: Maker’s Profit Expectation Drops From $80M to Below $2M
Leading crypto market intelligence platform, Messari observed that Maker’s profit expectations dropped from $80 million to under $2 million after introducing the Enhanced DAI Savings Rate (EDSR). According to Kunal...
Maker DAO Community Votes to Implement EDSR Via GOV12.1.2
The Maker DAO community has voted to introduce the Enhanced Dai Savings Rate (EDSR). The voting, which was performed through GOV12.1.2, will temporarily increase the effective DSR available to users...
MakerDAO Set To Introduce EDSR To Boost DAI Savings Rate To 8%
The MakerDAO community recently passed a governance vote that sought to introduce the Enhanced Dai Savings Rate (EDSR). The EDSR is a mechanism to temporarily boost the rewards for DAI...
MakerDAO Transfers $500 Million to Coinbase Custody
Crypto lending protocol MakerDAO transferred $500 million to global cryptocurrency exchange Coinbase’s custodial subsidiary, Coinbase Custody. Through this move, MakerDAO ensures an annual rewards rate of 2.6%, which translates to...
USDC Remains the Primary Reserve on MakerDAO After Voting Process
Based on the outcome of a governance poll on MakerDAO, the DeFi giant’s community has overwhelmingly voted in favor of retaining the USDC stablecoin as a primary reserve. In the...
MakerDAO’s Total Collateralization Stands at 15.4%; Report Says
MakerDAO, the open-source global financial system, updated its official Twitter account with the up-to-date details of the system claiming that its total collateralization is at 15.4% with $8.6 billion worth...
DAO Maker Price Prediction 2023-2030: Will DAO Price Hit $6 Soon?
What is DAO Maker (DAO)? DAO Maker is a platform that seeks to redefine venture capital for the masses. It provides scalable technologies and funding support to tokenized startups, making...
MakerDAO Plans to Ramp Up its US Treasury Bond Investments to $1.25B
MakerDAO recently announced the plans for the extension of its US treasury bond investments on Twitter. According to the details in the tweet, the proposal is set to expand the...
MakerDAO Analyst: You Cannot Change World with $100M DAI Tokens
In a recent interview with Crypto Journalist Laura Shin, Sébastien Derivaux, Founding Chef at crypto financial services firm Stakehouse Financial, examined the financial operations of Maker DAO, a leading decentralized...
Maker DAO Approves Chainlink Integration for DAI Stability
According to a joint announcement from Chainlink and MakerDAO on February ninth, the oracle service, Chainlink Automation, will be integrated into Maker’s Keeper Network. The Maker Protocol relies on the...
Paxos Offers $29 Million To MakerDAO To Raise Debt Ceiling
Popular stablecoin issuer, Paxos has tapped leading DeFi lender MakerDAO with a proposal to raise the debt ceiling of its Pax USD (USDP) stablecoin. The partnership proposes that USDP holdings...
