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3232100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault
https://www.digit.info/100-year-old-pennsylvania-based-bank-approved-to-leverage-makerdaos-stablecoin-vault/
Mon, 11 Jul 2022 20:30:15 +0000https://www.digit.info/2022/07/11/100-year-old-pennsylvania-based-bank-approved-to-leverage-makerdaos-stablecoin-vault/Read more]]>Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao governance proposal passed by a majority vote of more than 87%, and it gives the U.S. financial institution Huntingdon Valley Bank the means to leverage a stablecoin vault. Huntingdon Valley […]
]]>Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
https://www.digit.info/makerdao-dev-insists-defi-protocol-should-leverage-real-world-assets-to-scale/
Sun, 20 Mar 2022 19:30:29 +0000https://www.digit.info/2022/03/20/makerdao-dev-insists-defi-protocol-should-leverage-real-world-assets-to-scale/Read more]]>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 […]