PRASM News

Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency.

Wyomings law for DAOs introduces a legal structure for decentralized autonomous organizations, allowing them to operate with more traditional financial rights and responsibilities.

In-depth reports on the performance of TRON and USDD in 2023, published by renowned blockchain analytics firms Messari and Reflexivity have recently been published.Messaris Analysis: TRON's Q2 2023 Performance Messari's report highlights TRON's...

MakerDAO, a decentralized lending platform and DAI stablecoin issuer may soon sell $390 million of the Gemini Dollar (GUSD) stablecoin issued by the Gemini cryptocurrency exchange. The Peg Stability Module (PSM) being voted on by the MakerDAO’s...

Yama Finance is hosted on the Fuel and Eclipse networks, among others. The list has been expanded by the addition of Yama Finance, which has announced its debut on Arbitrum as of the end of March 2023. Yama Finance is an omnichain stablecoin with...

The passed measure ends the 1% USDC to DAI minting fee that was previously implemented.

MakerDAO community opts for USDC over other stablecoins as its primary reserve. USDC has since regained its peg, as its exchange reserve drops. In a recent vote, the MakerDAO [MKR] community reignited its trust in Circle [USDC]. The vote result...

Based on the outcome of a governance poll on MakerDAO, the DeFi giant’s community has overwhelmingly voted in favor of retaining the USDC stablecoin as a primary reserve. In the poll, which concluded on Thursday, March 23, 2023, 79.02% of MakerDAO’s...

The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure.

MakerDAO introduces changes to protocol owing to uncertainty in the stablecoin space While MKR took a hit on the charts, interest in DAI has continued to grow rapidly As the FUD around stablecoins gathers steam, many DeFi protocols have started to...