Collateralized Debt Position – DIGIT INFO

Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra

DIGIT — Tue, 01 Nov 2022 16:30:59 +0000

Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed a “soft-pegged stablecoin” built on Terra. Terra Blockchain Ecosystem to See a […]

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Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale

DIGIT — Sun, 20 Mar 2022 19:30:29 +0000

On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good, but “the time is passing” and he believes Makerdao needs […]

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Maker Community Votes to Raise Stability Fee as Dai Struggles to Hold $1 Peg

DIGIT — Sat, 13 Apr 2019 17:45:37 +0000

For more than two weeks the dai stablecoin has sat below its $1 peg, and has been trading for roughly $0.97 over the last seven days. This has given concern to the Maker Dao community which has decided to raise the dai stability fee to 11.5% per year. Also read: Exchangewar Lets You Compare Crypto […]

The post Maker Community Votes to Raise Stability Fee as Dai Struggles to Hold $1 Peg appeared first on Bitcoin News.

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