In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC.
Uniswap price risks falling 50% from its current levels due to a bearish reversal setup.
Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol is set to expand to Compound and MakerDAO.
Majority of the top-100 DeFi tokens broke out of three week long bearish phase and registered double digit gains over the past week.
While price volatility remained a key factor, major DeFi tokens registered double digit loss over the past week as the DeFi TVL hovers near $50 billion mark.
MakerDAO members turned up in record numbers to preserve the principles of decentralization, setting new precedents for future DAO governance.