DAI

Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan

Uncollaterized Energy: A Makerdao Governance Vote Was Swayed by a Defi Flash Mortgage

The Makerdao and the stablecoin DAI has been a well-liked mission within the decentralized finance (defi) area and it’s additionally had its share of issues. This week the mission referred to as Bprotocol leveraged a defi flash mortgage to be able to sway a Makerdao governance vote. The event group behind the Maker mission goals …

Uncollaterized Energy: A Makerdao Governance Vote Was Swayed by a Defi Flash Mortgage Read More »

Maker community thanks yEarn for seemingly restoring DAI peg

Maker group thanks yEarn for seemingly restoring DAI peg

A brand new vault launched on yearn.finance is being credited for lastly restoring the peg of Dai (DAI), the algorithmic stablecoin of the MakerDAO (MKR) mission. As Cointelegraph beforehand reported, Maker had struggled with sustaining a strict $1 peg for DAI for the reason that begin of the yield farming wars in June.  Although it’s …

Maker group thanks yEarn for seemingly restoring DAI peg Read More »