Tagged: maker

Paradigm Is Biggest Winner of MakerDAO Lending System’s MKR Governance Tokens, to Cover $4.5 Million of Undercollaterized Debt

San Francisco-based Paradigm, a digital asset investment firm, is reportedly the biggest winner of several MKR governance token auctions which were meant to cover about $4.5 million of undercollateralized debt. The auctions, which took place between March 19 and March 28, 2020, managed to raise… Read More

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

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

DeFi: Decentralized Finance Lending Protocol MakerDAO Might Add Stablecoin USDC as Collateral to Address Dai Liquidity Problem

The MakerDAO community is reportedly considering the possibility of adding the USDC stablecoin as an additional type of collateral in order to provide more Dai (another major stablecoin) liquidity into the decentralized finance (DeFi) platform. MakerDAO (where DAO stands for distributed autonomous organization) is an… Read More

DeFi: Leading Ethereum-based Decentralized Finance Credit Facility, MakerDAO, is Planning to Conduct MKR Governance Token Auction

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MakerDAO, a leading Ethereum (ETH)-powered decentralized finance (DeFi) credit facility, is reportedly planning to conduct a MKR governance token auction within two days from now. This marks the first time that this type of event will take place in Maker’s history. The MKR auction, called… Read More

UK-based Argent, a Digital Asset Wallet Provider, Secures $12 Million in Funding via Series A Round

London-headquartered Argent, a digital asset wallet provider that integrates the services of several decentralized finance (DeFi) platforms, including Maker and Compound, has secured $12 million through a Series A investment round. Argent’s funding round was led by San Francisco-based Paradigm, a leading crypto asset investment… Read More

Leading DeFi Platform MakerDAO Partners Digital Payment Processor Simplex to Develop Fiat On-Ramp for Maker’s Dai Stablecoin

MakerDAO, the leading decentralized finance (DeFi) platform, has teamed up with Simplex, a digital payment processor, in order to develop a fiat on-ramp for Maker’s Dai (DAI), which is the first decentralized stablecoin (digital currencies pegged one-to-one with major fiat currencies or other real-world assets)…. Read More

Maker Foundation, Supporter of MakerDAO Project, to Transfer Maker and Dai Trademarks to Denmark-based Foundation

The Maker Foundation, a non-profit entity that supports the MakerDAO project, an initiative involving the decentralized stablecoin Dai, revealed that it will be transferring the Maker and Dai trademarks to an autonomous Denmark-headquartered foundation, the Dai Foundation. The Maker Foundation confirms it will also be… Read More

FirstBuild’s Opal Nugget Ice Maker Captures $1.3M During First Week on Indiegogo

It’s official: Consumers are crazy for nugget ice, the soft, chewable ice especially favored in the South and associated with restaurant chains and convenience stores. This theory is based on the recent activity of GE’s FirstBuild’s Opal nugget ice maker campaign on Indiegogo. The project,… Read More

Customizable Furniture Maker, Massuni, Launches Crowdfunding Campaign

Toronto-based Massuni, manufacturer of customized furniture, announced this week the launch of its crowdfunding campaign on Kickstarter to complete development of new technology and an interface that allows users to design custom furniture online. Massuni’s intuitive configurator allows anyone to easily create unique furniture that fits their individual… Read More

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