2022-6-18 01:16 |
MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform. origin »
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A Feb. 16 tweet by MakerDAO backend engineer Nik Kunkel has revealed that annual stability fees accrued by the protocol just breached 71 million Dai tokens (DAI). In essence, DAI is minted when users lock collateral (usually ETH) in Maker vaults.
2021-2-18 13:15 | |
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MakerDao, Ethereum's largest DeFi, has facilitated the minting of over 4 million Dai stablecoins based on its newly added synthetic Bitcoin, wBTC. This transaction was initiated by Nexo, a crypto lending platform, on May 20.
2020-5-22 22:36 | |
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Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.
2020-5-21 22:55 | |
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Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt.
2020-3-18 02:47 | |
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For the first time, MKR tokens will be minted and auctioned for DAI to repay outstanding debts that failed as a result of the recent crypto market meltdown
2020-3-13 09:51 | |
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DAI stablecoin, a non-collateral backed stablecoin that plays an instrumental role in keeping the De-Fi ecosystem moving has touched the 100 million debt cap, which means a total of 100 million DAI token have been minted until now.
2019-11-7 21:51 | |
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DataDance raises millions with Hash Global’s backing to shake up the world of decentralized data. DataDance, a layer-2 blockchain network focused on revolutionizing consumer data asset services, has secured a multi-million-dollar seed funding round led by blockchain giant Hash Global.…
Ink, a layer-2 blockchain developed by crypto exchange Kraken and built on the Optimism Superchain, is now live, with oracle platform RedStone as an official partner. The Ink Chain mainnet launched on Dec.
Deutsche Bank is reportedly building a Layer 2 under an asset-servicing pilot project called Dama 2 as part of the lender’s goal to clear regulatory hurdles for institutions who want to use public blockchains.
The native token of the Movement layer-2 network defied the market-wide bloodbath with impressive gains, all thanks to high-profile exchange listings. Movement (MOVE) is up 50% in the past 24 hours and is trading close to the $1 mark at…
Animoca Brands subsidiary Gravitaslabs has partnered with Ethereum layer 2 blockchain LightLink to bring new gamified and gasless engagement solutions to brands worldwide. According to a press release shared with crypto.
Nansen announced a strategic partnership with Scroll, an advanced Layer 2 solution designed to enhance the Ethereum blockchain’s speed and cost-efficiency. This collaboration aims to bring Nansen’s analytics and on-chain insights to the Scroll ecosystem, supporting the growth of decentralized…
Cardano is about to make a quantum leap with the forthcoming launch of Midgard, a permissionless Layer 2 solution that may alter the functioning of decentralized blockchain technology.