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CATEGORY: maker protocol

MakerDAO revenue tumbles 86% on Ether and wrapped BTC woes
Author: Cointelegraph By Luke Huigsloot
United States
Source: Cointelegraph.com News
Oct 14, 2022 08:20

MakerDAO revenue tumbles 86% on Ether and wrapped BTC woes

Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations.

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MakerDAO goes ahead with $500M investment in treasuries and bonds
Author: Cointelegraph By Luke Huigsloot
United States
Source: Cointelegraph.com News
Oct 07, 2022 08:20

MakerDAO goes ahead with $500M investment in treasuries and bonds

$500 million of the funds currently collateralizing the Dai (DAI) stablecoin will be reallocated to U.S. Treasuries and corporate bonds in an effort to provide the protocol low risk additional yield.

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