“Today we’re introducing a new way for Coinbase’s global customers to put their crypto to work and earn yield. We are making DeFi more accessible, enabling eligible customers in more than 70 countries to access the attractive yields of DeFi lending on their Dai with no fees, lockups, or set-up hassle,” the Coinbase blog says. Source link … [Read more...] about Coinbase Offers Access to DeFi Yields With DAI and Compound
DAI
Here’s how stablecoins like DAI made an impact in the DeFi space
The crypto sector has witnessed growth since the decentralized finance (DeFi) summer of mid-2020. And diving deeper into the DeFi ecosystem reveals the current state of stablecoin utilization and the circulating supply of the decentralized stablecoin ‘DAI.’Growing stablecoin usageThe growth of the DeFi ecosystem, which is built mainly on the innovative use of smart contracts, … [Read more...] about Here’s how stablecoins like DAI made an impact in the DeFi space
‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced
The Dai stablecoin produced by decentralized lending protocol MakerDAO is getting some speed and fee enhancements with its forthcoming upgrade on layer-two.Ethereum scaling solutions provider Optimism will provide the technology as announced on the MakerDAO forum on March 9. Co-founder and CTO of gaming firm Bellwood Studios Sam MacPherson explained the "MakerDAO community will … [Read more...] about ‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced