DAI was flawed from the beginning says DeFi founder

2023-3-14 00:35

Andrey Shevchenko — the founder of decentralized finance (DeFi) protocol Zircon Finance — shared his view that MakerDAO's (MKR) so-called "decentralized stablecoin" DAI's (DAI) introduction of USD Coin (USDC) as collateral was an attempt to plug a hole in a flawed system. origin »

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Multi collateral Dai (DAI) на Currencies.ru

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Источник: Cripyo.news

dai founder → Результатов: 19

MakerDAO Founder Calls for Rebranding of DAI Stablecoin

Rune Christensen said DAI suffers from bad branding that could be slowing its growth on a call with community members.

2023-3-10 23:14
dai slowing could growth branding community call

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How US Treasuries Will Be Used by Maker for Buying Ethereum and Boosting DAI

Coinspeaker How US Treasuries Will Be Used by Maker for Buying Ethereum and Boosting DAI Maker has made several efforts to go fully decentralized with the project founder Rune Christensen removing ties to centralized assets in an operation dubbed the "ENDGAME".

2022-10-24 11:27	USDC
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Rune Christensen Details How MakerDAO Is Navigating Tornado Cash Sanctions

Rune Christensen, founder of MakerDAO, joined CoinDesk TV’s “First Mover” to discuss the risks for DeFi, its DAI stablecoin and what implications sanctioning coin mixer Tornado Cash could mean for the industry.

2022-8-12 00:35	Business
tornado cash makerdao rune christensen stablecoin dai

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MakerDAO Should “Seriously Consider Preparing” for DAI Depeg: Founder

The U.S. Treasury Department’s sanctions against Tornado Cash have led MakerDAO founder Rune Christensen to believe that the DAI creator is endangered by its $3.5 billion worth of USDC collateral....

2022-8-12 20:23	USDC
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Curve to Launch Over-Collateralized Stablecoin: Founder

Curve is planning its own over-collateralized stablecoin, Curve CEO Michael Egorov revealed today. The stablecoin is likely to have a similar structure to MakerDAOs DAI. Stablecoins Galore Curve is looking...

2022-7-22 21:08	StableCoin
curve stablecoin over-collateralized similar structure likely stablecoins

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Dai Creator Rune Christensen on Terra's Collapse

The MakerDAO founder wasn’t in the mood to say “I told you so,” following Terra’s stablecoin collapse, on CoinDesk TV’s “First Mover.”

2022-5-21 19:11	Layer 2
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This Week in DeFi – April 8

To the DeFi community, This week Terra founder Do Kwon has declared war against prominent Dai stablecoin (DAI), via the […] The post This Week in DeFi – April 8 appeared first on DeFi Rate.

2022-4-8 19:32	ust
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EasyFi, a DeFi lending protocol, undergoes a hack

EasyFi, a layer 2 DeFi lending protocol, undergoes a hack to the tune of $6 million from protocol pools in USD/DAI/USDT. Founder and CEO, Ankitt Gaur addressed the incident on Twitter. He stated that:The post EasyFi, a DeFi lending protocol, undergoes a hack appeared first on AMBCrypto.

2021-4-20 20:38	News
protocol hack easyfi undergoes defi lending twitter

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Virtual Panda BTM Launched for Colombian Residents: Dispenses BTC, BCH, DAI, and Dash

The CEO of Panda Group and the founder of Colombia’s Panda Exchange and physical Panda BTM terminals, Arley Lozano, recently revealed a new product called app. pandabtm. io. The new service is a virtual automated teller machine that dispenses four types of cryptocurrencies; bitcoin cash (BCH), bitcoin (BTC), DAI, and dash (DASH).

2020-6-17 20:02
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Cardano Founder Charles Hoskinson Considering Stablecoin

Charles Hoskinson, Chief Executive Officer of IOHK and Founder of Cardano, has hinted that he might look into launching a truly decentralized stablecoin — much like MakerDAO’s DAI. However, with Cardano yet to launch its own network, some are suggesting that this idea may be a little premature.

2020-2-12 13:15	charles hoskinson
cardano stablecoin founder hoskinson charles own launch

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Stablecoin DAI will not be pegged to USD alone: MakerDAO founder

Last month, MakerDAO rolled out its Multi-Collateral DAI [MCD] which is supported not just by Ethereum but also Brave's Basic Attention Token [BAT], as opposed to its Single-Collateral DAI [SAI] whichThe post Stablecoin DAI will not be pegged to USD alone: MakerDAO founder appeared first on AMBCrypto.

2019-12-8 19:00	Trading View
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Security Tokens – Not Bitcoin – is MakerDAO’s Most Exciting New Feature

Rune Christensen, the CEO and founder of MakerDAO, came to the United States this week to visit the MIT Bitcoin Expo, among other things. Christensen took some time to talk to CCN about the status of MakerDAO’s full release.

2019-3-17 02:30
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Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead

It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.

2018-6-16 04:35	Bitcoin
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Hong Kong reveals when its first regulated stablecoins could launch

Hong Kong has confirmed that its first regulated stablecoins are expected to enter circulation between the middle and second half of 2026 after two bank-backed institutions secured issuer licenses earlier this year.

Invesco files tokenized stablecoin reserve fund with SEC

Invesco has filed with the U. S. Securities and Exchange Commission to launch a tokenized money market fund that will invest in cash and short term U. S. Treasury securities for stablecoin reserve management.

StablecoinX hits Nasdaq as Ethena’s USDe supply keeps shrinking

StablecoinX starts Nasdaq trading under USDE after its TLGY merger, holding $275m in ENA tokens tied to Ethena’s stablecoin ecosystem.

Animoca Brands backs stablecoin payments firm AllScale with strategic investment

Animoca Brands has made a strategic investment in stablecoin payment infrastructure provider AllScale and has agreed to explore joint payment and AI commerce initiatives across its ecosystem. Animoca Brands announced on X that it has invested in AllScale, although neither…

Stablecore partners with Circuit, Curql on $25B credit union stablecoin initiative

Stablecore has launched an early access stablecoin and digital asset program for U. S. credit unions, allowing participating institutions to test blockchain-based financial services before deciding whether to integrate them into their banking platforms.