Day: October 7, 2020

MakerDAO Dai Borrowing Cost Increase May be Good News for MKR Holders

Hello Defiers! Here’s what’s going on in DeFi: MakerDAO raises stability fees DeFi’s favorite governance tool gets a boost Traders are about to get an explosion of DeFi index baskets to choose from 👉 Also, New DeFi 101 Post! Ethereum DeFi Project Map The open economy is taking over the old one. Subscribe to keep …

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Maker Stability Fee Increase May Boost MKR Price

MakerDAO has casually reintroduced stability fees for the ~$900M worth of DAI now in circulation. Maker’s MKR holders voted to raise the protocol’s stability fee – similar to interest rates for Dai borrowers –  to 2% for ETH collateral from 0%, the highest since January. The reintroduction of stability fees sets Maker on track to …

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Snapshot Gets $200k From Aragon and Balancer for Governance Standards

Off-chain voting solution Snapshot got a stimulus boost thanks to $200k in funding from Aragon and Balancer yesterday afternoon. Both teams have pledged $100k in their native tokens, ANT and BAL, into a 50/50 Balancer pool to be used by Snapshot for future funding. @SnapshotLabs to get $200k in funding in a 50/50 BPT of …

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Ethereum DeFi Projects Map

DeFi is a growing ecosystem of protocols and applications, which are delivering value to several thousands of users, and transacting the equivalent of hundreds of millions of dollars in digital assets, every day.  The very foundations of a new financial system are being laid, with applications that enable everything from simply making transfers and payments, …

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DeFi is About to Get More Tokenized Indexes

Set Protocol is doubling down on the success of the DeFi Pulse index by launching a new project – the Index Coop – focused on creating accessible crypto indexes. Tokensets, a platform for users to purchase sophisticated trading strategies in the form of ERC20 tokens called Sets, recently deployed the DeFi Pulse Index (DPI), a …

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