MakerDAO Polls Users on Fresh Fee Increase to 7.4 Percent as Stablecoin Wobbles

Decentralized Autonomous Organization (DAO) MakerDAO (Maker) has upped its demands to increase one of its network fees, this time to 7.5 percent, the company confirmed in a blog post on March 18. Maker, which issues USD-pegged stablecoin Dai (DAI), is seeking to improve the cryptocurrency’s stability. The organization aims to do so by raising its…

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Distributed Digest: Wednesday, March 13, 2019

SpankChain updates its roadmap, Dappi is a new tool to create smart contract interfaces, and MakerDAO encourages individuals to donate cryptocurrency on Pi Day. Your daily distillation of crypto news for Wednesday, March 13, 2019: SpankChain Pushing Button SpankChain yesterday published an updated roadmap for 2019 moving forward. The team’s current focus is to launch…

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MakerDao Raises Stablecoin—DAI’s ‘Stability Fee’ to 3.5 Percent

MakerDao, a Decentralized Autonomous Organization (DAO), behind the popular stablecoin—DAI, based on the Ethereum (ETH) blockchain, recently conducted a voting exercise involving its users. The purpose of the voting is to raise the stability fee for Maker’s Dai (DAI) stablecoin to 3.5 percent. The result of the recently concluded poll made it clear that a…

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Distributed Digest: Friday, February 22, 2019

The Zcash Company becomes the Electric Coin Company, the Flyingcarpet Network is being built on top of Gnosis, and Maker’s Dai Stability Fee may increase. Your daily distillation of crypto news for Friday, February 22, 2019: Nice to Meet You, Electric Coin Company The Zcash Company will now be referred to as the Electric Coin…

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Top Available Stablecoins in The Crypto Market

A stablecoins is a type of cryptocurrency that has its value backed by the value of other assets, such as gold or fiat currency. This new genre of cryptos has seen more and more coins appearing on the market, all of which are trying to dethrone the most known stablecoin of them all, Tether. Below, we…

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POA Network, MakerDAO Team Up On Dai Sidechain

The new network, xDai Chain, features Dai as its native cryptocurrency. In collaboration with MakerDAO, the POA Network has launched an Ethereum-based proof-of-authority sidechain with Dai as the native currency. xDai Chain is, according to the POA team, “the first ever blockchain where the native currency of the chain is USD-stable.” The crew said that…

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Blockchain Startup MakerDAO, Tradeshift Partner To Tokenize Unpaid Invoices

Business commerce platform Tradeshift has partnered with blockchain startup MakerDAO to launched a pilot program aimed at unlocking liquidity access for small businesses around the globe. Founded in 2010, Tradeshift offers solutions for procurers to pay, supplier engagement, and financial services, and enables companies and partners to build custom or commercial apps on its platform. It…

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OmiseGO and MakerDAO Collaborate to Create a World with “Disintermediated Finance”

If you follow either OmiseGO (OMG) or MakerDAO (MKR) on Medium you’ll already know that as of April 10, 2018, they’ve come together to collaborate for a more decentralized future. With a common vision of (to use OMG’s words) creating a world with “disintermediated finance”, this partnership makes a lot of sense. Word came from…

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