MakerDao (MKR)

How MakerDao has become a successful Defi project? What is the uniqueness of Steabelcoin DAI? What are the functions of the Maker token (MKR)? We answer in the cards.

#MakerDao

In Puerto Rico, the co-founder of Makerdao Nikolai Mukhyan died

29-year-old co-founder MakerDao and DAI Nikolay Mukhgyan was found dead in Puerto Rico.

MakerDao will place a third of 1.6 billion USDC in Coinbase Prime

The MakerDao community supported the proposal to translate a third of the USDC from the binding stability module (PSM) worth $ 1.6 billion in Coinbase Prime at a rate of up to 1.5% per annum.

A16Z supported the proposal for MakerDao about the placement of USDC in Coinbase Prime

The venture company Andreessen Horowitz supported the proposal of the Coinbase cryptocurrency exchange about the translating of a third of the USDC from the MakerDao stability module in Coinbase Prime.

MakerDao Defi Protocol income fell by 86%

In the third quarter, the income of one of the oldest Defi projects of MakerDao collapsed by 86%, drew attention to the analytical company Messari.

MakerDao will invest $ 500 million in American securities

The MakerDao community approved a proposal for placing assets for $ 500 million in short -term treasury bonds of the United States and corporate bonds.

Gemini suggested MakerDao to pay 1.25% per annum for deposits in GUSD

The head of the Gemini cryptocurrency exchange Tyler Winklvoss submitted to the MakerDao community proposal to calculate the annual interest rate of 1.25% for PSM deposits in the Gemini Dollar Stablecoin (GUSD).

What is MakerDao (MKR) and Steabblecoin DAI?

How MakerDao has become a successful Defi project? What is the uniqueness of Steabelcoin DAI? What are the functions of the Maker token (MKR)? We answer in the cards.

Controversial idea: whether the DAI stabilcoin will survive after a cut from the dollar

FORKLOG figured out the features of the contradictory idea of ​​the founder of MakerDao, allocated the main warring forces within the project and weighed potential risks associated with the “slaughter” of one of the largest stablecoins.

Coinbase suggested MakerDao to place a third of USDC in Coinbase Prime

Coinbase cryptocurrency exchange made MakerDao community proposal to translate a third of the USDC from the binding stability module worth $ 1.6 billion in Coinbase Prime at a rate of up to 1.5% per annum.

MakerDao co -founder offered to untie DAI from the dollar

Free-floating DAI is the only way to decentralization and compliance with regulatory rules, according to the co-founder of the Defi-platform of the MakerDao rune Christensen.

Vitalik Buterin criticized the intention of MakerDao to sell USDC for $ 3.5 billion

Ethereum co -founder Vitalik Buterin criticized the idea of ​​the MakerDao platform on the rebalance for the supply of stablecoin DAI.

MakerDao will provide a loan for $ 100 million from the USA

The MakerDao Defi Platform community approved the creation of a storage limit of $ 100 million in DAI for the American Huntingdon Valley Bank founded in 1891.

Celsius paid off a loan on MakerDao and brought a bail to 23,962 WBTC

The Celsius Network cryptolending platform has fully extinguished the loan in the Defi Protokol MakerDao and withdrew the total 23,962 WBTC for the amount of ~ $ 490 million.

Celsius repaid $ 143 million loan in the MakerDao protocol

In July, the Celsius Network Cryptolending Platform paid $ 142.8 million in DAI stabilcoin to repay the loan in the Defi Protokol Maker DAO.

MakerDao will distribute the backup 500 million DAI in bonds

The MakerDao Defi Platform community began voting regarding the investment of 500 million DAIs in the “minimal risk bonds” in the treasury.

MakerDao participants did not support the idea of ​​creating an advisory council

The MakerDao Defi Platform community rejected the proposal to create an advisory council on lending issues. In the vote, more than 30% of the total number of MKR tokens in circulation participated in the initiative.

MakerDao suspended the operation of the AAVE landing platform

The MakerDao Defi Platform community voted for disabling AAVE from a direct deposit module. The decision was prompted by the attraction of the Celsius Network loan for 100 million DAI on security steth using a cryptoland project.

The expert described the potential scenario of the DAI course destabilization

FORKLOG Permanent author Dmitry Bondar analyzed the current position of the DAI stablecoin from MakerDao.

MakerDao integrates L2-solution Starknet

The MakerDao Defi Platform intends to integrate the second-level Starknet Ethereum solution to reduce transaction costs and increase the rate of translations of stablecoin DAI. This is reported by The Block.

MakerDao community was offered a new model of management token

The Monetsuply team submitted to the MakerDao Defi-project community a proposal to change the control and steaking model using Stkmkr tokens.

The MakerDao project launched a bounty program with a reward of up to $ 10 million

The MakerDao Defi project launched a bounty program on the Immunefi platform, which provides for a payment of up to $ 10 million for the critical vulnerability found. The reward has become the largest of the service ever proposed in the framework of the service.

The market proposal of Steabelcoin DAI exceeded 10 billion

The market proposal of decentralized stablecoin DAI overcame the mark of 10 billion coins. This is evidenced by Daistats data.

MakerDao users have prevented the elimination of more than $ 600 million

Against the background of the correction of the cryptocurrency market, the seven large Vaults of the MakerDao platform were under threat of liquidation. ETH in the amount of more than $ 600 million could get to the Dutch auction.

Societe Generale suggested MakerDao to conduct the first “Refinancing Security Tokens”

The financial conglomerate of the Societe Generale proposed the MakerDao Defi project to use the Forge bonds released by the Forge as a security for a loan of $ 20 million in the DAI stable.

Senator Elizabeth Warren did not see the difference between The Dao and MakerDao

Representatives of the Defi project of the MakerDao managed to agree on a phone call with a member of the US banking committee of the US Senate Elizabeth Warren, opposing cryptocurrencies. She showed the knowledge insufficient for the legislator in this area.

The cost of funds blocked in Makerdao exceeded $ 3 billion

Against the backdrop of the rapid growth of Ethereum, the total cost of blocked funds (TVL) on the smart contracts of the Defi project MakerDao reached $ 3.15 billion.

Analysts found a loophole in MakerDao, which allows to avoid liquidation

Users of the Defi project of the MakerDao can break CDP (secured by the collateral of debt positions) into small tranches and evade compulsory liquidation in the event of a loss of security below the threshold of 150%. This vulnerability was discovered by Chapter B.Protocol Yaron Welner.

Capitalization of the DAI stabilcoin exceeded $ 1 billion

The market proposal of the decentralized finance (Defi) of the DAI stabilcoin in the sector for the first time exceeded 1 billion coins.

MakerDao joined the blockchain project of the Kakao technological giant

The Defi project MakerDao became a member of the managing council of the blockchain platform Klaytn South Korean Internet giant Kakao.

GaratEx launched the DAI Defi-Taken Trading Pares with a ruble

GaratEx cryptocurrency exchange opened auction by a decentralized DAI stabelcoin paired with a Russian ruble.

ChainLink, Loopring and Compound tokens are added as collateral options to the MakerDao system

The MakerDao community voted for adding Link, LRC and COMP tokens as new options to ensure the release of stablecoin DAI.

The collective lawsuit against Maker was transferred to arbitration

The California District Court granted Maker Ecosystem Growth Foundation to transfer a collective claim against the company South Korean authorities to arbitration production. This is stated in the dossier of the case.

Opinion: DAI is at risk due to ensuring centralized stablecoins

40% stabiblcoin is provided with centralized assets – USDC, WBTC, TUSD and PAX, Analysts of The Block shared observations.

MakerDao will not compensate for user losses after Black Thursday

MAKER (MKR) token holders refused to compensate for losses to owners of the pledge in the Defi project of MakerDao, liquidated during the March collapse of the market. The survey results are published in the voting system.

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