Explained: MakerDAO’s plan to break the dollar peg
Dai stablecoin issuer MakerDAO has passed a proposal beginning the switch to its “Endgame Plan” that will alter many aspects of the protocol.
Bitcoin24h
$98,648.57+0.09%
Ethereum24h
$3,467.25-0.70%
XRP24h
$2.29-2.06%
BNB24h
$701.57+0.90%
Solana24h
$198.01+0.75%
Dogecoin24h
$0.3306-1.60%
Cardano24h
$0.9116-2.71%
TRON24h
$0.2574-0.20%
Avalanche24h
$40.32-2.78%
Chainlink24h
$24.47-1.73%
MakerDAO passes proposal to increase yield as stablecoin ban looms
MakerDAO invests in treasuries and bonds to earn yield on reserves as regulators consider crackdown against stablecoins.
-
Bitcoin supply may not be fixed at 21M, says BlackRock—by Protos Staff
-
Coinbase takes aim at Justin Sun in WBTC lawsuit response—by Protos Staff
-
MicroStrategy blackout period could freeze bitcoin buys in January—by Protos Staff
-
Haliey Welch’s HAWK token team breaks silence to shift the blame—by Protos Staff
-
Aave could leave Polygon over plan to use bridge funds for yield farming—by Protos Staff
-
Coinbase sued over WBTC delisting by Justin Sun-affiliated BiT Global—by Protos Staff
-
Tether-linked Cantor Fitzgerald pays $6.75 million SEC penalty—by Protos Staff
-
Bitcoin Lightning bug could jam and steal millions of dollars—by Protos Staff
-
Google’s quantum computer could break Bitcoin in two ways—by Protos Staff
