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Tag: $DAI

DAI

What is DAI? In the dynamic and often volatile world of cryptocurrencies, stability is a rare and highly sought-after commodity. This is where stablecoins come into play, digital currencies designed to maintain a stable value relative to a reference asset, most commonly the US dollar. Among the plethora of stablecoins, DAI stands out as a truly decentralized option, playing a pivotal role in the burgeoning ecosystem of Decentralized...

$DAI, MakerDAO

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sDAI Pool on Aave

Aave v3 Adds sDAI Pool Aave v3, the leading decentralized lending protocol, has announced the launch of a new pool for sDAI, a token that represents DAI stablecoins deposited in MakerDAO’s DAI Savings Rate (DSR) module. The pool allows users to use sDAI as collateral and earn interest on their deposits. Aave’s Marc Zeller noted that sDAI’s yields enable delta-neutral lending on the protocol. MakerDAO Boosts and Cuts DSR Yields The...

$DAI, Aave, MakerDAO, Yield farming

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MakerDAO Embraces Real-World Assets

MakerDAO members have agreed to invest $500 million worth of DAI in US Treasurys and corporate bonds. MakerDAO may soon be the first decentralized finance protocol to offer conventional loans to borrowers backed by traditional institutions. MakerDAO has already closed five deals for loans collateralized with real-world assets. Real-world assets now represent 75% of MakerDAO’s revenues. MakerDAO Adopts Real-World Assets ...

$DAI, DAOs, Front page, Main, MakerDAO, News

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Are DeFi 2.0 going to change everything?

The DeFi 2.0 will change the way you think about liquidity. What are DeFi 2.0? DeFi 2.0 is the next stage of decentralized finance. One of its most important components is Liquidity Pools, which give lenders the ability to lend and decentralized exchange to happen more seamlessly. DeFi‘s newest project is a huge step for this space. By using smart contracts, the funds in the account are blocked and used to make lending and...

$DAI, $OHM, DeFi, DeFi 2.0, Featured, Main

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