Richard Heart pokes MakerDAO to ‘do the funniest thing’ and rug-pull

The decentralization of MakerDAO is again under scrutiny after a copy of its DAI stablecoin failed to maintain its $1 peg on Pulsechain.
The decentralization of MakerDAO is again under scrutiny after a copy of its DAI stablecoin failed to maintain its $1 peg on Pulsechain.
The Ethereum Foundation has never been liquidated in DeFi, yet some people thought that it might suffer its first ETH liquidation today.
A Maker community member raised concerns over a fast-tracked governance proposal that relaxes restrictions on borrowing against MKR.
While keen to avoid being labeled as a stablecoin, Ethena’s USDe is being used as such across some of DeFi’s biggest players.
While Aave and Maker (now Sky) founders basked in a ‘DeFi renaissance moment,’ some less well-known projects were losing millions.