Stablecoin DeFi Protocol MakerDAO Puts $500 Million in U.S. Treasuries, Bonds
MakerDAO is turning to Real World Assets (RWAs) to future-proof the DAOs treasury.
decentralised finance
Solend and the Whale
Solana’s biggest DeFi lender almost got #REKT by a single whale with a wallet containing $107 million in USDC borrowed against $170 million in SOL. … Read more
The Colossal Collapse of UST
What happened to Luna Foundation Guard’s much anticipated stablecoin $UST? This is what hyperinflation looks like. The total supply of $LUNA went from about 345 … Read more
The Celcius Bank Run
This may be news to you. But another major decentralised finance (DeFi) protocol, Celcius, is now at risk of insolvency. Its collapse has incited a … Read more
TVL Dominance Post Terra Meltdown
By 01 May 2022 the total value locked (TVL) in DeFi sat at a cool $202.6 billion. It has since plummeted by 44.5% shedding $90.27 … Read more