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Aave proposes stablecoin to rival MakerDAO’s DAI

Aave Companies, the firm behind decentralized finance (DeFi) protocol Aave, introduced a proposal to create a native decentralized USD-pegged stablecoin GHO on July...

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Celsius Fully Repays MakerDAO Debt

Key Takeaways Celsius has repaid its $41.2 million debt to MakerDAO, which enabled it to unlock the 21,962 wBTC it had been using as...

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Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin

Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community,...

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Role of Decentralized Oracles In Crypto Market Volatility

The crypto market is having a nightmare in 2022. Bitcoin, the original cryptocurrency, continues to be a leading indicator for the industry....

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MakerDAO Community Votes on Collaborating With a Traditional Bank, More Partnerships to Come if the Deal Proves Successful

Key takeaways: MakerDAO is set to conclude voting in favour of bringing a traditional bank into its ecosystem MakerDAO and Pennsylvania-based Huntingdon Valley Bank have agreed...

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USD Coin (USDC) Stablecoin Challenges Tether (USDT) Supremacy: Comprehensive Guide

Amid the carnage on the cryptocurrency markets, more and more investors are increasing the share of stablecoins in their portfolios. As such, the...

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Compound Dai is Predicted to Drop to $0.020243 By Jul 11, 2022

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on...

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