Coinbase Publishes Governance Proposal that Could Increase MakerDAO’s Revenue by $24M
By Kofi Ansah September 7th, 2022
The new approach is reportedly a strategic way of generating revenue from idle assets on MakerDAO’s balance sheet.
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Market cap $6.47 B Full cap $6.47 B Volume 24H $328.92 M ATH $1.22
Dai is decentralized and backed by collateral. The Maker Protocol, which allows anyone anywhere in the world to generate Dai, aims to facilitate greater security, transparency, and trust.
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Dai News ![Coinbase Publishes Governance Proposal that Could Increase MakerDAO’s Revenue by $24M]()
By Kofi Ansah September 7th, 2022 ![MakerDAO Voting to Collaborate with Traditional Bank]()
By John K. Kumi July 7th, 2022 ![Maker Governance Plans to Invest $500 Million in US Treasury and Bonds]()
By Bhushan Akolkar June 29th, 2022 ![Stablecoin Supply Falls Sharply for 1st Time Ever]()
By John K. Kumi June 16th, 2022 ![XT.COM Integrates DAI Market on Its Trading Platform]()
By Kseniia Klichova April 20th, 2022
MakerDAO Voting to Collaborate with Traditional Bank
By John K. Kumi July 7th, 2022
Maker Protocol is not currently allowed to provide direct loans in US dollars to borrowers, hence, this collaboration with HVB is a huge milestone.
Maker Governance Plans to Invest $500 Million in US Treasury and Bonds
By Bhushan Akolkar June 29th, 2022
Several members of MakerDAO said that putting the unused funds in US treasuries help the protocol get a boost to its bottom line and that too with minimal risk.
Stablecoin Supply Falls Sharply for 1st Time Ever
By John K. Kumi June 16th, 2022
According to the report, the most redemption among all centralized stablecoins was experienced by Tether.
XT.COM Integrates DAI Market on Its Trading Platform
By Kseniia Klichova April 20th, 2022
XT Exchange sees it as an opportunity to improve the user experience of its platform by integrating DAI Market.