The cryptocurrency sector has witnessed a significant shift in its growth strategy. While the U.S. was once a primary market for many crypto companies, recent regulatory pressures have prompted these firms to look elsewhere for expansion opportunities.
Delphi Digital published an article stating that MakerDAO recently increased the DAI savings rate to 8%, and this expansion has had a significant financial impact.
News on July 26, according to data from DefiLlama, the trading volume of the entire DeFi market on Sunday was only 1.12 billion US dollars, reaching the low of the year.
According to Spot On Chain monitoring, MKR has increased by 16% in the past 24 hours. The MakerDAO founder bought MKR for $1,044 20 hours and 13 hours ago.
The decentralized finance project Makerdao has issued an emergency proposal to address the $3.1 billion in USDC collateral that backs a portion of the project’s stablecoin, DAI.
Lido Finance’s liquid staking protocol has seen impressive growth in Total Value Locked (TVL) over the past 30 days, up 10.57%, with 7.56% of that growth happening over the past 7 days.
Over the past few weeks, we’ve seen a slew of institutional reports looking back at the crypto winter of the past year and offering an outlook for 2023.
MakerDAO (MKR) members reportedly voted overwhelmingly with 80% in favor of founder Rune Christensen’s endgame plan.
MakerDAO says it has issued over 89 million DAI via real-world assets (RWA). Maker Governance’s new proposal, MIP6, has been voted on to use Robinland’s (RBLD) tokenized real estate-backed loans as collateral in the Maker Protocol.