MakerDAO

DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit
DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit

DeFi savings protocol Sky posted a first-quarter loss of $5 million after interest payments to token holders more than doubled, according to a report created by Sky contributors from Steakhouse Financ...

Last updated 3 mins ago

Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin

Election 2024 coverage presented by

Last updated 3 mins ago

MakerDAO’s Christensen Hopes for ‘Firm Decision’ as MKR Holders Vote on Sky Brand
MakerDAO’s Christensen Hopes for ‘Firm Decision’ as MKR Holders Vote on Sky Brand

Election 2024 coverage presented by

Last updated 3 mins ago

Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO
Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO

Election 2024 coverage presented by

Last updated 3 mins ago

DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

Election 2024 coverage presented by

Last updated 3 mins ago

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

Sky, the decentralized finance lender formerly known as MakerDAO, will vote on fully ditching wrapped bitcoin (wBTC) from its ecosystem, according to a Thursday governance post, potentially a major de...

Last updated 3 mins ago

MakerDAO to Offer Optional MKR Conversions for New Governance Token
MakerDAO to Offer Optional MKR Conversions for New Governance Token

Crypto lending platform MakerDAO, the protocol behind the DAI stablecoin, will allow MKR holders to convert their tokens to newly-issued NewGovToken (NGT) tokens.

Last updated 3 mins ago

BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC
BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC

BitGo CEO Mike Belshe took the opportunity of an online discussion to reiterate the safety of the bitcoin (BTC) that underpins its wBTC (WBTC), a token that allows the largest cryptocurrency by market...

Last updated 3 mins ago

Asset Manager Grayscale Introduces Crypto Fund for MakerDAO’s MKR
Asset Manager Grayscale Introduces Crypto Fund for MakerDAO’s MKR

Grayscale, the asset manager company behind bitcoin (BTC) and ether (ETH) exchange traded-funds (ETFs) and other crypto investment funds, introduced Tuesday a new fund that invests in the governance t...

Last updated 3 mins ago

MakerDAO’s $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock’s BUIDL, Ondo, Superstate
MakerDAO’s $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock’s BUIDL, Ondo, Superstate

Crypto lending platform MakerDAO, the protocol behind the $5 billion stablecoin DAI, is planning to invest $1 billion of its reserves in tokenized U.S. Treasury products. Top players in the space incl...

Last updated 3 mins ago