Tagged: governance tokens

DeFi: Maker Foundation to Hand Over Governance, via Smart Contract, to MakerDAO’s MKR Token Holders

March 26, 2020 @ 6:46 pm By Omar Faridi |

The Maker Foundation, an organization that supports the ongoing development of MakerDAO, a decentralized autonomous organization that operates an Ethereum-based lending system, has decided to hand over governance (through a smart contract) to MKR token holders. The Maker Foundation said the decision was the initiative’s… Read More

Maker Foundation, which Supports Ethereum-based DeFi Platform MakerDAO, Appears to be Winning All Auctions of MKR Governance Tokens

March 22, 2020 @ 6:13 pm By Omar Faridi |

MakerDAO, a leading Ethereum (ETH)-based decentralized finance (DeFi) platform, is currently in the process of carrying out an auction of MKR governance tokens in exchange for stablecoin Dai, in an attempt to cover around $4.5 million undercollateralized debt. On-chain (blockchain) data reveals that the Maker… Read More

Newer →