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

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...

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...

Urgent proposal for DAI adjustment On the 11th, MakerDAO, which manages the major DeFi (decentralized finance) Maker protocol, submitted an urgent proposal to reduce the impact of the centralized US dollar-linked stablecoin USDC, and it was passed...

MakerDAO will liquidate its USDC-A, USDP-A, and GUSD-A vault types. MKR’s price has enjoyed a significant bullish momentum in the last week.  Leading decentralized finance (DeFi) protocol MakerDAO [MKR] has scheduled an 8 March date to offboard its...

MakerDAO’s new protocol could help improve DAI adoption. Selling pressure on MKR increased as MVRV ratio rose. Messari, in a 22 February tweet, announced the launch of MakerDAO’s new vertically integrated market, called Sparks Lend. The market will...

MakerDAO voted in favor of a 2% extra yield income from Yearn Finance. While its development activity surges, MKR’s network growth fell. After its proposal in November to deploy $100 USD Coin [USDC] into the Yearn Finance [YFI] DeFi protocol,...

Paxos, in a new proposal, is asking MakerDAO to promote the use of its USDP stablecoin and increase the USDP Debt Ceiling. MKR has seen increased accumulation in the past few weeks. In a new proposal, Stablecoin issuer Paxos proposed the payment of...

MakerDAO voters so far favor keeping the $500 million Gemini USD stablecoin ceiling in Maker’s PSM reserve over decreasing its role or phasing it out.

MakerDAO has a new proposal to implement some parameter changes. The protocol has displaced Lido to regain its position as the leading DeFi protocol. In a new proposal, the Open Market Committee of the MakerDAO governance team is seeking community...