117,000 MKR tokens were used to support the plan, while just 4,200 were used to reject it. The U.S. bank will be able to get liquidity in the form of DAI, a stablecoin. A U.S. bank, the Huntingdon Valley Bank (HVB), will be connected to MakerDAO’s decentralized financial system for
Celsius network has repaid almost $143 M debt through the Maker wallet. The liquidation price is reduced to $4,966.86 post the last transaction. The so-called Celsius wallet 25977 has repaid 142.8M DAI as of July 1, as per Defi Explorer data. The wallet currently holds 23,962 WBTC as collateral, and
Hackers could make off with 200,000 DAI and 1101.8 ETH. The hacker used Tornado cash, a currency mixing tool, to transfer the stolen coins. In the latest case of a decentralized finance (DeFi) marketplace being targeted by an attack, Deus Finance has lost almost $3 million in DAI and Ethereum
The top 3 defi by volume are LINK, LUNA, and DAI. Chainlink enables blockchains to securely interact with external data feeds. DAI development is managed by Maker Protocol and the MakerDAO. The top 3 decentralized finance (DeFi) by volume are Chainlink(LINK), Terra (LUNA), and Dai (DAI). 1. Chainlink (LINK) The
Centrifuge and MakerDAO are continuing with their collaboration. Allow borrowing more than 40M DAI along with physical world collateral. Aos agreed to repay users of two types of tokens related to the Vault. Centrifuge, decentralized asset finance, and the MakerDAO community are continues collaboration, building a bridge between DeFi lending
Short term for decentralized finance, DeFi is an umbrella term for various applications and ventures in the public blockchain space intended for upsetting the conventional finance world. If you’re as yet uninformed, we should delve somewhat more profoundly into DeFi and become familiar with it. The following are a portion
