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MakerDAO-Related Wallets Deposit $16.76M In MKR To Binance Amid Ongoing Sales

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In the past three days, MakerDAO-related wallets have deposited 5,750 MKR tokens, valued at approximately $16.76 million, to Binance. This activity continues a trend of selling MKR that began on April 24, with most sales occurring at high prices. Since April 24, these wallets have deposited a total of 18,900 MKR, worth $53.83 million, to … Read more

MakerDAO Leads DeFi Market With Strong Performance In 2021

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MakerDAO has emerged as the standout performer in the multi-cycle DeFi space, surpassing Ethereum’s growth since the beginning of 2021. The DAO’s recent Endgame proposal has injected fresh momentum into its asset, bolstering its already robust fundamentals. In terms of revenue, MakerDAO has maintained a dominant position within the DeFi sector, capturing nearly 40% of all … Read more

Stablecoin Market Remains Steady in June Amidst Crypto Volatility

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While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows Little Change in June The stablecoin market remained relatively … Read more

Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins 

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Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This strategic initiative aims to replace the existing DAI stablecoin and bolster the Makerdao ecosystem. Maker’s Endgame Plan Brings Newstable and Puredai to Replace DAI Makerdao, a decentralized autonomous organization (DAO) known for … Read more