MakerDAO goes ahead with $500M investment in treasuries and bonds
Uniswap’s 80% gains in July are in danger with UNI price painting a classic bearish pattern
Uniswap (UNI) looks ready to post its best monthly performance in more than a year as it rallied approximately 80% in July, but signs of an extended pullback in the near term are emerging. Uniswap price nearly doubles in July UNI’s price is having one of its best months ever, reaching nearly $9 on July […]
MakerDAO community proposal to replace MKR governance token
The community behind decentralized stablecoin platform MakerDAO is mulling over a major tokenomics shift that could replace its governance token, MKR. A proposal was made on the MakerDAO forum by community leader “monet-supply” on March 14, outlining an alternative token economic mechanism. If the proposal passes a full governance vote, the protocol could replace its […]
MakerDAO moves to expand collateral assets and upgrade liquidation engine
Decentralized lending and stablecoin protocol MakerDAO has opened governance voting to allow new tokens as collateral. A number of new collateral types have been proposed for MakerDAO, potentially increasing the number of digital assets that can now be used to mint its stablecoin, DAI. Voting began on April 19 and will run for fourteen days. […]