Generative Data Intelligence

Tag: DAI Stablecoin

Curve’s Stablecoin Trades Within 0.5% Range For First Month

The novel price-pegging mechanism underpinning crvUSD, the month-old stablecoin from Curve Finance, is proving highly effective so far.On Monday, Curve shared data showing that...

MakerDAO proposal seeks to hike DAI savings rate to 3.33%

The community of Ethereum-based decentralized finance (DeFi) protocol MakerDAO will soon vote on a proposal seeking to increase the Dai stablecoin (DAI) savings rate...

MakerDAO Founder Proposes Dedicated Blockchain and New DAI and MKR Tokens

Rune Christensen outlines roadmap for controversial Endgame plan.Rune Christen, the founder of MakerDAO, wants the DeFi stalwart to roll out a new stablecoin, governance...

The Crypto Roundup: 15 May 2023 | CryptoCompare.com

Rune Christensen, the founder of decentralized finance (DeFi) lending platform MakerDAO, has revealed plans to introduce a new stablecoin and governance token, marking the...

Lido DAO Records Biggest Network Transaction In 2 Years – Santiment

DeFi staking protocol Lido DAO (LDO) has just experienced its largest network transaction in two years, according to a report by Santiment. The popular on-chain...

Curve Deploys crvUSD Stablecoin On Ethereum

crvUSD, the highly anticipated stablecoin from Curve Finance, is now live on Ethereum.The contracts were deployed on Wednesday, inspiring DeFi degens to deposit $2M...

MakerDAO Ratifies Constitution Aiming to Decentralize DAI

Endgame Plan limits RWAs in favor of crypto collateral for DAI MakerDAO on Monday passed a governance proposal that ratifies a “Constitution” which proponents argue...

Polygon zkEVM Goes Live On Mainnet

Hello Defiers! Here’s what we are covering today! NewsNFTsSponsored ExplainerVideoSponsored VideoPodcastToday’s SponsorsTripple Card – first ever truly decentralized Web3 credit card. Your keys, your crypto,...

What Is Gains Network? [SPONSORED]

The FTX crash has created a void in the derivatives trading market, leaving many retailers searching for a trustworthy platform that is not based...

Shiba Inu Releases Shibarium Documentation, SHIB Burn Soars 1107%

SHIB Token developers released the highly-anticipated documentation for Shibarium. Memecoin Shiba Inu (SHIB) hovered above the $0.00001 price range for most of 2023. SHIB...

What Is Silo Finance? [SPONSORED]

As a self-custodial lending protocol, Silo Finance represents the next evolutionary step in decentralized finance (DeFi). Although DeFi already offers dozens of lending platforms,...

The Euler Finance Hacker Returns Almost All Of $197 Million Loot

Advertisement &nbsp &nbsp The Euler Finance hacker returned most of the funds they stole earlier this month in a $197 million flash loan exploit,...

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