Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change coindesk.com 28 August 2024 07:00, UTC Maker, which just rebranded to Sky, announced a new version of its $5 billion stablecoin DAI but crypto enthusiasts weren’t impressed. The new token called USDS apparently has a piece of code that would…
Ondo Finance and Arbitrum Foundation Announce Launch of Ondo U.S. Dollar Yield on Arbitrum cryptonews.net 28 August 2024 13:45, UTC In an announcement published by crypto.news on August 27, Ondo Finance and Arbitrum said that the tokenized debt instrument USDY has been launched on Ethereum’s L2 scaling solution. Ondo U.S. Dollar Yield is a…
Aave Labs unveils plan to stabilize GHO with BlackRock's BUIDL shares cryptoslate.com 26 August 2024 21:15, UTC Aave Labs proposed an update to its GHO Stability Module (GSM) on Aug. 26, which involves using BlackRock’s tokenized fund BUIDL’s shares to help maintain the dollar peg of its stablecoin. According to the proposal, a new…
Rumpel Labs to launch platform for tokenizing airdrop points cointelegraph.com 26 August 2024 19:53, UTC cointelegraph.com
JTO Tops Solana DeFi Protocols with $2.04B in Total Value Locked blockchainreporter.net 27 August 2024 09:55, UTC Solana, a leading blockchain platform, keeps on making significant advancements in the DeFi sector. The total value locked in the DeFi ecosystem of Solana is reportedly standing at nearly $5.4 billion, with top protocols in terms of…
Maker Co-Founder Rune Christensen Dispels “Freeze Function” Rumors Ahead Of USDS Launch insidebitcoins.com + 1 more 28 August 2024 14:30, UTC Rune Christensen, co-founder of the recently rebranded Maker protocol, has clarified that there will be no “freeze function” added to the project’s new USDS stablecoin. “Actually there will be no freeze function at…
Core Integrates Davos Protocol to Its Ecosystem to Improve Yield Earning blockchainreporter.net 13 September 2024 02:00, UTC Core has recently integrated the Davos Protocol, the platform behind inflation-proof DUSD stablecoin, into its ecosystem. With this collaboration, users in the Core Ecosystem can use DUSD for liquid staking and earn yield. Also, users can use…
