AaveDAO debates Dai collateral limit after $600M mint with eUSD backing
The Dai stablecoin has come under fire from critics since April 2, when it began to use novel stablecoin eUSD for some of its backing.
Stay updated with breaking news from Aave Chan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Dai stablecoin has come under fire from critics since April 2, when it began to use novel stablecoin eUSD for some of its backing.
“We don’t need it anymore,” said Marc Zeller, founder of the Aave Chan Initiative. Aave is about to achieve the Holy Grail of tokenomics as the token…
Recently Launched Stablecoin Trades At 3% Discount As Supply Nears $20M
The Aave community is seeking to reduce its protocol exposure to the Curve DAO (CRV) token, with two proposals open for voting on Aug. 10.
Hackers launched a reentrancy attack on Curve Finance pools on July 30, sending ripples through the DeFi ecosystem. Cointelegraph summarized the week's developments.