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DAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates
DeFiDAIMakerMakerdao

DAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates

In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-based protocol responsible for issuing the DAI a...
Apr, 11, 2024
2 min read
by NewsBTC
DAI Pool Surpasses $400M As MakerDAO’s Dai Savings Rate Increases To 8%
DAIMakerdaoDAI StablecoinMakerDAO Community

DAI Pool Surpasses $400M As MakerDAO’s Dai Savings Rate Increases To 8%

MakerDAO Dai Savings Rate increased to 8%, TVL of DAI pool exceeds $400M as large transactions were observed, including a whale selling 5640 ETH fo...
Aug, 07, 2023
2 min read
by CoinCu News
DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization
MarketUSDCUSDTUST

DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization

Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially decline...
Jun, 16, 2023
2 min read
by Bitcoin News
MakerDAO Scammed Out of $200M by Flash Loaner Making Only $3 in Profit
DAI StablecoinFlash Loaner

MakerDAO Scammed Out of $200M by Flash Loaner Making Only $3 in Profit

Key Points: On Wednesday, an arbitrage bot borrowed $200 million worth of the dai stablecoin (DAI) from MakerDAO using the DssFlash contract. This ...
Jun, 14, 2023
2 min read
by CoinCu News
MakerDAO: About 42% of DAI’s Initial Use Cases Are For Decentralized Exchanges
DAIMakerdaoDAI Stablecoin

MakerDAO: About 42% of DAI’s Initial Use Cases Are For Decentralized Exchanges

In a recent announcement, MakerDAO revealed that approximately 42% of the initial use cases for DAI, the stablecoin issued on the Ethereum blockcha...
Jun, 09, 2023
2 min read
by CoinCu News