MakerDAO
MakerDAO Founder Unveils DAO’s Growth and Governance Design: An Exclusive WebX Report & Interview
In a recent international conference, Rune Christensen, co-founder of MakerDAO, unveiled their ambitious restructuring plan known as the "Endgame Plan". This plan aims to maximize token potential in DeFi and DAO and is composed of four key elements. The plan, initially met with opposition, has since been approved by MKR holders and is set to commence soon.
MakerDAO Set to Temporarily Boost Interest Rates on Stablecoin DAI
The article discusses MakerDAO's recent decision to temporarily increase the interest rate for DAI stablecoin holders. The proposal, made by Rune Christensen, suggests increasing the DAI Savings Rate (DSR) from 3.19% to a maximum of 8%, a rate significantly higher than the yield on stablecoins on major lending platforms.
MakerDAO Snags $700 Million Treasure Bond: A Crypto Coup!
MakerDAO, a leading decentralized finance (DeFi) platform, has expanded its treasury assets to $1.2 billion by acquiring $700 million in US Treasury bonds. This strategic move is aimed at increasing MakerDAO's exposure to low-risk and liquid traditional assets, ensuring the stability of its DAI stablecoin.