Tag: DAI

Aave considers dropping DAI as collateral over contagion issues from MakerDAO’s USDe transfer

Marc Zeller, the founding father of the Aavechan Initiative, has proposed to the decentralized autonomous group (DAO) overseeing Aave to take away DAI stablecoin’s collateral standing throughout the protocol’s lending ecosystem. This transfer is...

MakerDAO proposal seeks to hike DAI financial savings charge to three.33%

The neighborhood of Ethereum-based decentralized finance (DeFi) protocol MakerDAO will quickly vote on a proposal searching for to extend the Dai stablecoin (DAI) financial savings charge (DSR) to three.33%. If all of it...

Celsius Repays $10M DAI to Compound

Key Takeaways Celsius made a $10 million repayment to Compound Finance today, likely attempting a step toward solvency. Celsius disabled withdrawals, transactions, and swaps one week ago. It still has not re-enabled those services. The price...

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