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Tag: overcollateralized

MakerDAO to Liquidate Overleveraged Vaults and Absorb $1.3M in Bad Debt

USDC, USDP and GUSD Vaults Affected DAI degens beware.MakerDAO, the largest DeFi protocol with $6.4B in total value locked (TVL), has said it will liquidate...

[SPONSORED] Aave Grants Retrospective

Well, hello, anon; great to see you here again for another of my grant program retrospectives! It’s been too long since I wrote one...

Curve Releases Whitepaper for crvUSD Stablecoin

Overcollateralized Design Will Use a Novel Lending-Liquidating AMM Algorithm (LLAMMA) Curve, the second largest decentralized exchange on Ethereum, has released a whitepaper detailing its forthcoming...

What’s going on with Silvergate, the bank that props up the U.S. crypto market?

Earlier this week, cryptocurrency bank Silvergate announced that its exposure to FTX was limited to its deposits. The U.S. bank, which...

Audit Shows Terra Groups Spent $3.4B to Defend Dollar Peg in UST

Terraform Labs Commissioned Study to Quantify Support for Stablecoin During May Crisis In a bid to quell speculation about how Terra defended its stablecoin UST...

Hidden in Plain Sight: A Sneaky Solidity Implementation of a Sealed-Bid Auction

November 16, 2022 Michael Zhu Editor’s note: This piece is part of our ongoing series on all things auctions for web3. Part...

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped...

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