DeFi Begins Recovery As TVL Exceeds $45 Billion
The bear cycle caused a lot of downturns in many sectors of the We3 industry including DeFi. However, following the ongoing so-called ‘mini bull run,’ we’ve seen DeFi TVL start to recover from the lower lows and surge by nearly 20% since the beginning of the year.
Investment Firm Société Générale Mints $7 Million in Stablecoin Loan From MakerDAO
Société Générale, a French multinational investment bank and financial services company, minted $7 million as a loan of dai stablecoin from its issuer MakerDAO.
Societe Generale Withdraws $7M in DAI From MakerDAO Vault
French banking giant Societe Generale has used its MakerDAO vault for the first time to withdraw $7 million worth of MakerDAO’s stablecoin DAI.
MKR’s Reversal May Not Be on the Cards As Burn Trial Takes Center Stage
According to an 11 January report covered by Santiment, the MakerDAO [MKR] price might not yet correct its trend despite being one of the year’s top performers. The governance token of the Maker Protocol began the year around $507.
DeFi Statistics in 2022
Nansen takes a look at how DeFi has performed and highlights interesting statistics about DeFi.
Assessing the Current Status of MakerDAO for Long-Term MKR Holders
MakerDAO [MKR], the protocol which was reigning atop the DeFi space in terms of TVL, lost its spot to Lido on 3 January. However, the protocol remained undeterred and continued to build and invest funds to grow the DAO.
Assessing MakerDAO’s [MKR] health following its displacement by Lido
Leading decentralized finance protocol (DeFi) MakerDao [MKR] provided users with an overview of its current state in 2023. The DeFi protocol took to Twitter on 2 January to highlighted the amount of DAI tokens it had in circulation and its total value locked (TVL).
Lido Overtakes MakerDAO and Now Has the Highest TVL in DeFi
Liquid staking protocol Lido Finance appears to have benefited most from the Ethereum merge in September, with its total value locked (TVL) now sitting at the top position among other decentralized finance (DeFi) protocols.
5 Principles for Best Tokenomic Designs
What do the best tokenomics models and designs look like? Let’s look at five principles to consider that best tokenomic models use.
BlockTower Credit and MakerDAO to Fund $220 Million of Real-World Assets Through Centrifuge
Centrifuge announced the official launch of a $220 million fund with partners BlockTower Credit and MakerDAO. The executive vote passed on Sunday, December 11, and Maker will deploy four vaults to fund investments in real-world assets (RWA), originated by BlockTower and issued on-chain through <a href="https://tinlake.centrifuge.io/" target="_blank">Centrifuge</a>.
