Tag: MakerDAO
MakerDAO introduces redesigned governance tokens and stablecoins
NewStable (NST) and NewGovToken (NGT), respectively, are the improved versions of MakerDAO’s DAI stablecoin and the MKR governance token. The release from August 22 states that switching to the new…
A huge phishing fraud costs a MakerDAO delegate $11 million
The problem happened a few hours ago when the user unintentionally signed multiple bogus Permit network signatures, according to Scam Sniffer, a web3 anti-scam tool. The scammer with address 0x73…bb96…
MakerDAO Proposes $600 Million Allocation of DAI to USDe and sUSDe
MakerDAO, a prominent player in the decentralized finance (DeFi) sector, is contemplating a significant move involving the allocation of $600 million worth of its stablecoin DAI into USDe and staked…
MakerDAO Adopts Temporary Fee Adjustments to Safeguard Dai Stability Amid Market Volatility
MakerDAO has swiftly implemented temporary fee modifications in response to a recent period of heightened market volatility and bullish sentiment, causing a notable decrease in the reserves of its dollar-pegged…