PSM

  • #Table of Contents

    On March 21, the MakerDAO community launched a public opinion poll on the standardization of PSM parameters. Option 1 of the proposal is to diversify the stable currency reserves o

    03/21/2023
    67
  • Coinbase Report Reveals Massive Net Outflow of USDCs to Pulsechain Sacrifice Wallet

    According to the report, Conor, the business director of Coinbase, tweeted that the largest net outflow of USDCs seen on the chain belonged to the Pulsechain Sacrifice wallet. At the weekend, they exchanged 155 million USDCs for 153.7 million DAIs. They should use MakerDAO’s PSM directly, and Pulsechain finally took on the sliding point of $1.4 million, which they don’t need to do. Business director of Coinbase: Pulsechain Sacrifice wallet exchanged 155 million USDCs for 153.7 million DAIs Analysis based on this information:Coinbase, one of the leading cryptocurrency exchange platforms, has reported on a significant outflow of its USD Coin (USDC) from its exchange. According to Conor, the business director of Coinbase, the largest net outflow of USDCs was seen on the chain, primarily flowing to the Pulsechain Sacrifice wallet. This transaction occurred over the weekend, where a total of 155 million USDCs were exchanged for 153.7 million DAI, a stablecoin backed by MakerDAO. While the transfer of USDCs to…

    03/13/2023
    69
  • MakerDAO Stably Secured with Growing Collateral and Smooth PSM Operations

    On March 11, the latest data released by MakerDAO on social media showed that the current mortgage rate of the Maker system was 154%, that is, 5.38 billion DAIs

    03/11/2023
    65
  • MakerDAO Experiences a Significant Increase in DAIs through PSM

    According to reports, MakerDAO said on Twitter that 736 million DAIs have been cast through PSM (USDC) in the past 24 hours, making a net increase of 296 millio

    03/11/2023
    64