DAI

  • MakerDAO Approves $500 Million RWA Vault for Coinbase Customers

    According to reports, according to the vote that ended on Thursday, the cryptocurrency lending agreement MakerDAO approved the opening of a real world asset (RWA) vault for Coinbas

    04/21/2023
    158
  • The Growing Purchasing Power of Stablecoins in the Cryptocurrency Market

    According to reports, according to data released by the encryption analysis company Santiment on social media, as the encryption market recovers in the first quarter of 2023, the c

    04/02/2023
    112
  • The Surging Trading Volume of TrueUSD (TUSD) – What’s Behind the Rise?

    According to reports, CoinGecko data shows that the trading volume of TrueUSD (TUSD) stable currencies has surged within a week. During most of Thursday and Friday, the 24-hour tra

    04/01/2023
    109
  • MakerDAO Community Selects First Four Incubation Ecosystem Participants

    According to reports, the MakerDAO community voted to select the first four incubation ecosystem participants based on the new Maker charter parameters: dewiz, Sidestream, Phoenix

    03/31/2023
    100
  • #Table of contents

    According to reports, MakerDAO has officially issued a document stating that a vote is being held on the Maker Charter, which includes a scope and framework to identify clear areas

    03/25/2023
    126
  • The MakerDAO Community Votes to Keep USDC as Main Reserve Asset for DAI

    According to reports, according to the official website, the MakerDAO community has voted to approve the proposal to \”retain the USDC as the main reserve asset of the stable curren

    03/24/2023
    125
  • MakerDAO Expands its Investment Portfolio to Diversify DAI’s Assets.

    It is reported that, according to official news, MakerDAO’s proposal to raise the investment ceiling of US treasury bond bonds from US $500 million to US $1.25 billion has been passed. This proposal won 77% of the votes. MakerDAO will use USD750 million in PSM to purchase more US treasury bond bonds, thus diversifying the current assets supporting DAI. These bonds mature every two weeks and will be purchased a total of 12 times over a six-month period for $62.5 million each. According to the proposal, the strategy expects a net annualized yield of 4.6% to 4.5% after deducting custody and expected transaction costs. MakerDAO has approved the proposal to raise the investment ceiling of US treasury bond bonds to US $1.25 billion Analysis based on this information:MakerDAO, a decentralized finance (DeFi) protocol, has reportedly passed a proposal to raise the investment ceiling of US treasury bonds from US $500 million to US $1.25 billion. This decision was made after…

    03/17/2023
    102
  • Interpreting Large Crypto Transactions: Implications of Justin Sun’s 100 Million DAI to USDC Exchange

    According to reports, PeckShield has monitored that the address labeled Justin Sun has just exchanged 41.3 million DAIs for 41.3 million USDCs and transferred them to the intermediate address (0x30df… 0de). This address has exchanged 100 million DAIs for 100 million USDCs in the past 17 hours and transferred them to Coinbase. Justin Sun’s address changes 41.3 million DAIs to 41.3 million USDCs and transfers them to an intermediate address Analysis based on this information:According to blockchain monitoring firm PeckShield, an address belonging to Justin Sun, known for being the founder of TRON and BitTorrent, has made a large cryptocurrency transaction. The Justin Sun address has reportedly exchanged 41.3 million Dai (a stablecoin pegged to the value of the US dollar) for an equivalent amount of USDC (another stablecoin pegged to the US dollar). The transaction was then sent to an intermediary Ethereum address. What makes this large transaction noteworthy, however, is not just the amount exchanged but also that…

    03/15/2023
    108
  • USDC and DAI trigger frenzy of loan repayment, saving debtors $100 million

    On March 14, the news that USDC and DAI had recently disengaged from the US dollar triggered a frenzy of loan repayment last weekend, which saved debtors more than US $100 million in loans. Report: The debtor repaid the loan during the period of stable currency anchoring, saving more than US $100 million Analysis based on this information:The recent announcement that USDC and DAI had disengaged from the US dollar caused a stir of activity in the loan repayment sector, resulting in debtors saving more than US $100 million in loans last weekend. This statement brings forward some questions about the current state of the US dollar and cryptocurrency, and how these two currencies are affecting the economy and financial world. USDC and DAI are both stablecoins, which means they are backed by reserve assets such as the US dollar or gold. However, unlike a regular cryptocurrency, their value is pegged to an external asset, providing greater stability and predictability…

    03/14/2023
    115
  • USDC and DAI prices Surge

    According to the report, according to CoinGecko data, the price of USDC has rebounded to above US $0.98 and is currently at US $0.987856. DAI prices have also risen to above US $0.98 and are currently at US $0.987856. USDC and DAI both rose to above $0.98 Analysis based on this information:Following the drastic fluctuations in the cryptocurrency market, the prices of USDC and DAI are seeing a surge. According to CoinGecko, a leading crypto tracking platform, both USDC and DAI prices have shown an uptick, with USDC rising above US $0.98 and DAI currently at US $0.987856. USDC and DAI are both stable tokens that operate on the Ethereum blockchain, giving users the ability to transact with digital assets without having to rely on the volatility of other cryptocurrencies. A stablecoin is a type of cryptocurrency that is linked to the value of an underlying asset, such as the US dollar, making it less susceptible to fluctuating market forces….

    03/13/2023
    140
  • Aave DAO Freezes Multiple Stablecoins to Mitigate Risks in the Agreement

    According to the report, the loan agreement Aave said that in view of the current fluctuations around the stable currency, the Aave DAO has frozen USDC, USDT, …

    03/12/2023
    131
  • DAI bounces back to 0.98 US dollars range

    On March 12, according to CoinGecko data, the current DAI has rebounded to the range of 0.98 US dollars, rising to 0.984121 US dollars for a short time, and is now at 0.971387 US dollars. DAI rebounded to 0.98 USD range Analysis based on this information:The message above reports the current state of DAI cryptocurrency. According to CoinGecko data, the value of DAI has rebounded to the range of 0.98 US dollars. This indicates that DAI has experienced a slight increase in price. DAI is a cryptocurrency that is pegged to the US dollar. This means that it is designed to maintain a stable value of one US dollar. Therefore, any fluctuation in the value of DAI is significant since it implies a deviation from its intended value. The fact that DAI is rebounding to the 0.98 US dollars range suggests that the market demand for DAI is increasing. When the demand for DAI shoots up, its price increases as…

    03/12/2023
    112
  • USDC and DAI Experience Temporary Anchoring Due to Bank of Silicon Valley Incident

    On March 11, it was reported that USDC and DAI were temporarily slightly anchored due to the Bank of Silicon Valley incident. According to the market, USDC is …

    03/11/2023
    117
  • A Massive Whale Transfer of USDCs to DAI

    According to the report, according to ASvanevik, an observer on the chain, according to Nansen data, a giant whale transferred 25 million USDCs from PulseX Sac…

    03/11/2023
    127
  • The Importance of Stablecoins in the Cryptocurrency Market

    12:00-21:00 Key words: USDC, DAI, GUSD

    Overview of important developments in the evening of March 11

    Analysis based on this information:


    03/11/2023
    118
  • V God’s Cryptocurrency Investments

    It is reported that according to PeckShield statistics, V God\’s address bought USDC and DAI after 14:24 this afternoon. He transferred 500ETH to Reflexer to ca…

    03/11/2023
    132
  • Possible Impacts of USDC’s Two Key Nodes on the Crypto Market

    It is reported that the encrypted KOL \”Shenyu\” tweet analysis said that the USDC has two key nodes. The first is that there are 3 billion USDC mortgages in the…

    03/11/2023
    108
  • Unstable Volatility: DAI Drops by 10.9% in 24 HoursDAI’s Volatility Rocks Crypto Markets

    It is reported that according to the latest data of CoinGecko, DAI is now quoted at US $0.891195, with a drop of 10.9% in 24 hours. The market fluctuates great…

    03/11/2023
    109
  • DAI stable currency sees a significant drop in value within 24 hours

    On March 11, the data of CoinGecko showed that the stable currency DAI was currently at US $0.940511, down 6% in 24 hours.

    DAI is currently at US $0.94…

    03/11/2023
    72
  • MakerDAO reports significant increase in DAIs cast through PSM

    According to reports, MakerDAO said on Twitter that 736 million DAIs have been cast through PSM (USDC) in the past 24 hours, making a net increase of 296 milli…

    03/11/2023
    115