A Big Test for DAOs: Honing New Compensation and Contribution Practices

Many DAOs and DAO members are facing growing pains when it comes to measuring and scaling work…

MakerDAO’s Update is a Pure Expression of DeFi 2.0

IntoTheBlock explores how MakerDAO's update will allow it to interact with the secondary market with more control…

Don't Dis TradFi —It Shows Good Ways to Manage Risk and Open DeFi to Newbies

In this column, Danny Chong of Tranchess argues that the DeFi community should learn how TradFi manages…

DeFi 2.0 Wave of New Projects Test Liquidity Mining Alternatives

Things aren’t getting easier for those struggling to stay current with the lightning quick DeFi space. Just…
MakerDAO Ponders the Unthinkable as Members Debate Incorporation and Paying Taxes

MakerDAO Ponders the Unthinkable as Members Debate Incorporation and Paying Taxes

Should DAOs pay taxes? And, if so: Where? There’s a conversation underway in MakerDAO about how it should relate to the governments of the world, which has implications for the whole DeFi industry. In short, people are talking about whether…
MakerDAO Chases 'Real World' Deals and Assets in Major Test for DeFi

MakerDAO Chases 'Real World' Deals and Assets in Major Test for DeFi

Société Générale’s request for a $20M loan from MakerDAO is just one of several real-world deals that the DeFi protocol has coming soon. The O.G. decentralized finance protocol is on the move to fund projects that will make tangible differences…
Abracadabra’s Stablecoin Races Past $1B  and Sparks Talk of Overtaking MakerDAO

Abracadabra’s Stablecoin Races Past $1B and Sparks Talk of Overtaking MakerDAO

New collateralized stablecoin, Magic Internet Money (MIM) is challenging MakerDAO, the grandaddy protocol of DeFi. MIM, issued by lending protocol Abracadabra, broke $1B in supply on Oct. 5, placing it seventh overall in terms of stablecoin market cap, according to…
Rune Christensen Makes Rallying Cry for MakerDAO to Help Fix Climate Change

Rune Christensen Makes Rallying Cry for MakerDAO to Help Fix Climate Change

Climate change is the unifying challenge of the era and the biggest problem humanity is running out of time to solve — and MakerDAO can help. That’s the case Rune Christensen, the founder of MakerDAO, makes in a long essay…
Opolis Deal Deepens Venture Capitalists' Love Affair with DAOs

Opolis Deal Deepens Venture Capitalists' Love Affair with DAOs

You probably missed it.  It was a deal that didn’t involve a big NFT marketplace or a new decentralized crypto exchange. Yet the vote by members of Opolis, a digital employment cooperative, to launch a DAO is significant. Why? Because…
Maker Takes Final Steps to Become Fully Decentralized Ushering in New DeFi Phase

Maker Takes Final Steps to Become Fully Decentralized Ushering in New DeFi Phase

Maker Foundation’s CEO Rune Christensen stepped down this week, leaving a carefully built DAO to run the protocol in his place. The move marks the beginning of a new phase for the lender and arguably for DeFi itself, as the…
Freaked Out by DeFi? Swarm Markets Gets Licensed to Win Over Wary Investors

Freaked Out by DeFi? Swarm Markets Gets Licensed to Win Over Wary Investors

When Philipp Pieper and Timo Lehes co-founded Swarm Markets in 2017 in California and then moved to Berlin, they did a strange thing. They knocked on the door of Germany’s financial watchdog, known as BaFin, and said, please regulate us.…
The DeFi Future is Automated

The DeFi Future is Automated

A race is under way in DeFi innovation. Established players and upstart newcomers alike are in the running.  Gelato has been tinkering with use cases since 2019 and launched its production-ready V1 last July. Meanwhile, Keep3r network has been executing…
MakerDAO Rebuts Accusations of Selling Oracle Data

MakerDAO Rebuts Accusations of Selling Oracle Data

In the DeFi world, oracles aren’t the seers of Greek myth but handy tools that enable data to flow between blockchains and traditional networks in the form of smart contracts.Now oracles have landed right in the middle of a clash…

Yearn Revenues Projected to Surpass TradFi’s Fueled By Thriving Community

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Yearn Finance is quickly turning into an asset management behemoth. Propelled by its thriving community, Yearn’s fundamentals are looking stronger than its traditional finance counterparts.   After recently hitting a new all-time high of…

InstaDapp Releases Governance Token with 55% for Community Members

DeFi infrastructure protocol InstaDapp has launched their governance token, INST, on Ethereum Mainnet.  INST holders will be able to discuss and vote on all future InstaDapp protocol upgrades. InstaDapp has minted 100M INST, allocating 55% for community members and the…

Maker Foundation Transfers Funds to DAO in Decentralization Push

The Maker Foundation is sending 84K MKR tokens, worth $512M at the time of writing, to its DAO’s Treasury. The move is a major step towards further decentralizing the protocol. MKR holders will now decide via governance how the 84K…

MakerDAO Will Soon Hold Real-World Assets as Collateral

A MakerDAO proposal to accept an ERC-20 token which represents shares in a pool of real estate assets as collateral in the Maker protocol passed yesterday. The use of real-world assets in DeFi is a first and is a major…

DAI Gets a Quick Bridge To Optimism

MakerDAO will soon launch a feature which may solve the biggest UX hangup of the Optimistic layer 2 (L2) scaling solution. The feature will allow users to move not only DAI, but eventually any Ethereum asset, off Optimism and to…
MakerDAO is Piling on Fees as Dai Demand Booms

MakerDAO is Piling on Fees as Dai Demand Booms

DeFi’s central bank is piling on fees. MakerDAO backend and oracles engineer Nik Kunkel tweeted that if the current market conditions remain stable, the protocol would generate ~$71M in annual stability fees. Stability fees paid by Maker borrowers (similar to…

MakerDAO Proposal Seeks to Boost DeFi Fixed-Rate Loans

Fixed rate lending has been slow to take off in DeFi. That’s what one of the latest MakerDAO proposals is seeking to change.  Maker Improvement Proposal 43 would enable MakerDAO to buy fixed-rate loans. The goal is that having DeFi’s…
Maker Stability Fee Increase May Boost MKR Price

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%,…
Maker Votes to Not Compensate Black Thursday Victims

Maker Votes to Not Compensate Black Thursday Victims

MakerDAO traders who had their collateral wiped out during DeFi’s so-called Black Thursday, received bad news from the protocol’s decentralized court this week: they won’t be getting a penny (or gwei) back. Their only hope now lies in traditional/centralized courts.On…

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