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MakerDAO Takes New Measures to Prevent Another ‘Black Swan’ Collapse

May 4, 2020 by DIGIT
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The DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses.

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Categories Blockchain, business, DAI, Ethereum, Loans, makerdao, Technology
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  • bitcoinBitcoin(BTC)$96,007.00-0.77%
  • ethereumEthereum(ETH)$3,340.87-0.06%
  • tetherTether(USDT)$1.00-0.06%
  • rippleXRP(XRP)$2.22-0.74%
  • binancecoinBNB(BNB)$664.840.71%
  • solanaSolana(SOL)$186.502.29%
  • dogecoinDogecoin(DOGE)$0.3196441.15%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • cardanoCardano(ADA)$0.911.43%
  • staked-etherLido Staked Ether(STETH)$3,339.120.21%
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  • bitcoinBitcoin(BTC)$96,007.00-0.77%
  • ethereumEthereum(ETH)$3,340.87-0.06%
  • tetherTether(USDT)$1.00-0.06%
  • rippleXRP(XRP)$2.22-0.74%
  • binancecoinBNB(BNB)$664.840.71%
  • solanaSolana(SOL)$186.502.29%
  • dogecoinDogecoin(DOGE)$0.3196441.15%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • cardanoCardano(ADA)$0.911.43%
  • staked-etherLido Staked Ether(STETH)$3,339.120.21%