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Compound Finance to impose lending caps in light of failed Aave exploitThe crypto lending space is tightening its belt as the market continues to heal.
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DeFi Giant MakerDAO Holds Voting on Hiking DAI Stablecoin RewardsThe MakerDAO community is voting on hiking rewards up to 1% for investors in the protocol’s stablecoin, DAI. The move may make DAI more competitive and help mitigate capital outflows from decentralized to traditional finance. sndr_krisztian reports
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MakerDAO community votes against CoinShares’ $500M investment proposalThe decision by the MakerDAO community comes months after it approved the custodianship of $1.6 billion worth of USDC with Coinbase Prime.
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Aave Supporters Say Lending Freeze Will Help Transition the NetworkCommunity members voted Monday to freeze 17 assets in the Ethereum liquidity pool to lower risk within the DeFi protocol ahead of upgrading the network to its v3 version.
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MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500M in BondsEXCLUSIVE: The community of MakerDAO, the largest decentralized lending protocol, voted to oppose crypto investment firm CoinShares’ proposal to invest between 100 million and 500 million USDC in a portfolio of bonds sndr_krisztian reports
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Aave temporarily freezes lending markets to fend off further attacksThe proposal was passed to reduce the risk for Aave version 2 and promote the eventual migration to version 3.
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