Ether.Fi pitches buybacks for ETHFI stakers
The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.
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The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
Just four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand.
An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion and improved DeFi infrastructure.
BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token […]
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.
The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin […]
A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen.
The plan would create markets for DAI-replacement USDS on Aave.
