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DAI-stressed MakerDAO struggles as users look toward other stablecoins

By Abiodun Oladokun at 2024-11-22 13:01

Sentiment: Positive

MakerDAO has seen a decline in TVL, DAI’s supply, and annualized fee income in the last week.  MKR shed 25% of its value during the same period. While its DAI stablecoin regained its parity with the U.S. dollar last week, increased uncertainty as to whether a further de-pegging should be expected resulted in a decline […] Continue reading...

Categories: Altcoin

Tags: #Altcoin #News #News 1 #Social #Trading View #DAI #MakerDAO #MKR

Source AMB Crypto