Articles of MakerDAO

DeFi total market value returns to 1 billion US dollars, new DeFi agreement surges

The capitalization of tokens supporting the DeFi project has recovered 1 billion US dollars, while the total value of the locked funds is 703 million US dollars. The value of the token supporting the Decentralized Finance (DeFi) protocol once again exceeded US $ 1 billion. As this milestone arrives, DeFi projects have proliferated, and data […]

Overseas epidemic situation is still spreading. Will decentralized organizations rise?

The epidemic in 2020 killed many companies. The tourism industry of the catering industry is seriously damaged, and it is still difficult to recover to this day. At present, the overseas epidemic is still spreading, in line with the general trend, many companies have started to work online, and the stock price of the video […]

Babbitt Column | Cao Yin: Maker's Easter Eggs reveal what major business innovations are possible in the future?

Author: Cao Yin Editor's Note: The original title was "DeFi Review Issue 4-Special Part 2: Maker's Eggs" Today I will continue to comment on the Maker Foundation's completely decentralized solution. The Maker Foundation released 13 draft MIPs yesterday as a plan for the complete decentralization of Maker in the future, and will vote at the […]

Babbitt Column | DeFi Review Special: Maker's Leap of Faith

Written by: Cao Yin This special DeFi Review will specifically comment on the latest series of decentralized community reform measures proposed by MakerDAO. After the Maker Foundation proposed to dissolve the Foundation in the future on April 1 and hand over all operations to the community, the Maker Foundation released 13 very important MIPs on […]

DeFi Review: Maker's leap of faith

This special DeFi Review will specifically comment on the latest series of drastically decentralized community reform measures proposed by MakerDAO On April 1, after the Maker Foundation proposed to dissolve the Foundation in the future and hand over all operations to the community, the Maker Foundation released 13 very important MIPs on the forum yesterday […]

MakerDAO founder: The foundation will be dissolved in two years, and the preliminary draft of the governance transfer plan will be announced next week

Original: https://www.theblockcrypto.com/post/60702/ Translation: Rhythm BlockBeats The Maker Foundation revealed that it plans to start handing over governance power to the community within the next two years, and will announce the preliminary draft of a new community-based governance paradigm next Monday. The Maker Foundation has outlined the framework of self-sustainable DAO. The new framework is characterized […]

MakerDAO's first debt auction ends, Paradigm becomes biggest winner

In a series of MKR auctions, cryptocurrency investment company Paradigm was the biggest winner. The auction was held from March 19th to March 28th and raised a total of 5.3 million DAI. DAI is the stable currency in the MakerDAO system and is pegged to the US dollar. During the auction, 20,980 MKRs (governance tokens […]

DeFi Monthly Report | MakerDao encounters the most severe test in history

Since March, many digital assets have been "halved", and DeFi's market value is no exception. According to data from DApp Total, the current DeFi lock-up financial value is $ 862 million. From the curve of the value of locked positions in the last 30 days, it can be seen intuitively that the culprit of "halving" […]

Babbitt Column | Maker's Monetary and Fiscal Policy Advice in a Liquidity Crisis

Author: Cao Yin, general manager of the Digital Renaissance Foundation Director Since the price of Ethereum fell sharply on March 12th, MakerDAO's DAI supply has plummeted as the price of ETH plummeted, currently at 95,468,407 (March 25), which is 64% of the peak value of 148,369,256 before the crash. The result of the rapid decline […]

The Maker Foundation hands over contract control to the community. Is the "centralization" hat off?

On March 26, the Maker Foundation behind the MakerDAO network announced today that it has transferred all control of the governance token MKR to the governance community, which means that MKR holders are the only group that determines the fate of the MakerDAO network. Today's announcement marks the completion of the Maker Foundation's 3-month adventure […]