MakerDAO passes proposal for $750M increase in US Treasury investments
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure.
Related Articles
Aavegotchi bonding curve closes on exact day of DAI depeg
The price of GHST was supported by that of DAI stablecoin for over two years.
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the dollar.
Maker DAO files emergency proposal addressing 3.1B USDC exposure
“Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” says Maker.
SVB crisis: Here are the crypto firms denied exposure to troubled US banks
Some of the biggest firms in crypto have denied exposure to any of the failed banks in the United States.
Christian Pulisic’s hat trick powers US past Panama and to brink of World Cup
Christian Pulisic scored his first international hat trick, leading the United States to the brink of returning to the World Cup with a 5-1 rout…
Responses