Shift toward full decentralization pushes Maker (MKR) price above $4K
Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized. Stablecoins have become a significant foundational piece for the cryptocurrency sector because they serve as a deeply liquid base pair for most assets and also offer investors a secure place to capture gains. Data also shows that stablecoins play a significant role in functioning as a gateway for capital inflow to the crypto ecosystem.While the largest stablecoins in the market are currently controlled and issued by centralized entities like Tether or Circle, DAI and its....
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Over the years, we have been teaching machines to simulate the real world behavior. We have developed numerous technologies that translate the real world into the digital one. However, there can be, and actually, there is a reverse logic. Solutions on how to make everyday life can be derived from technologies. We are trying to imagine the world through the lens of decentralization and distribution, where people interact, connect and share to achieve their full potential and bring the benefit for a community they are part of. Decentralization is not limited to Blockchain, This week....
The Maker Foundation has returned 84,000 MKR to the project’s DAO in a major milestone for the protocol’s road to decentralization. The MakerDAO Foundation has returned 84,000 MKR tokens from its development fund to MakerDAO’s governance module, marking a milestone in the project’s path to decentralization.In a May 3 blog post, the foundation notes that “no conditions or expectations” have been placed on MakerDAO regarding the returned tokens, with Maker Governance now having complete control over the tokens.The announcement states that with the return of the development and the completion....
Ethereum has been trailing slightly behind Bitcoin and the rest of the crypto market as of late, which comes as all eyes shift to watch BTC’s price action Although it has lagged behind it, ETH is still showing some immense signs of strength as it pushes towards $700, with analysts widely watching for it to […]
In a July interview with Cointelegraph, CEO Erik Voorhees described full decentralization as an “iterative process” that can take many years. Non-custodial cryptocurrency exchange ShapeShift has completed its second airdrop of FOX tokens — dubbed “fairdrop” — as part of a broad decentralization pledge that was first announced in July. The airdrop of 6,613,000 FOX tokens was distributed to over 33,000 DAO community members, ShapeShift announced Tuesday. These holders were previously ineligible for the airdrop reward because their tokens were locked in staking or liquidity operations. A....
Behold the mighty strength of DAO Maker. After recently celebrating DAO Maker’s 3rd anniversary, we have decided to no longer let you wait. Our loyal community and follower-base anticipated DAO Maker’s token launch for years and we are ready to serve the public demand. Following the smashing success of Orion Protocol, DAO Maker is throwing […]