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Category DAI stablecoin
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%
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 7, 2023
2 min read
by CoinCu News
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
In a recent announcement, MakerDAO revealed that approximately 42% of the initial use cases for DAI, the stablecoin issued on the Ethereum blockcha...
Jun 9, 2023
2 min read
by CoinCu News
Will MakerDAO’s New Plan Save DAI From Becoming Another UST?
In the midst of the chaos that is presently plaguing the crypto market over the past twenty-four hours — with the USDC stablecoin depegging and con...
Mar 11, 2023
2 min read
by Coingape