MakerDAO’s Removal of ‘Bad Debt’ Might Be a Good Thing for Users
After the FTX debacle, many in the crypto-community have put their faith in DEXs. It is against this background that MakerDAO announced that it will be liquidating multiple vaults to minimize risks.
MakerDAO Launches LSD Token of Rocket Pool
MakerDAO, a DeFi protocol, has accepted the LSD token of Rocket Pool. This deal might elevate the competition for the giant Lido, MakerDAO. Users can use the token, rETH, to mint the stablecoin of Maker’s DAI.