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MakerDAO has added Uniswap DAI-USDT liquidity certificates as collateral: According to official news, MakerDAO has added Uniswap DAI-USDT liquidity certificates as collateral, and increased the interest rate of ETH to borrow Dai. [2021/3/4 18:15:42]

AOFEX launched SWRV, BLZ, SUN, DAI, GOF, and PHA today: According to official news, AOFEX officially launched SWRV, BLZ, SUN, DAI, GOF, and PHA today and opened deposits, AQ and USDT trading area at 16:00 Trading of SWRV, SUN, and DAI is open, and trading of BLZ, GOF, and PHA is open at 18:00.

Among them, SWRV, SUN, DAI, and GOF are listed on the DeFi zone, and BLZ and PHA are listed on the Science and Technology Innovation Board.

AOFEX digital currency financial derivatives exchange aims to provide users with high-quality services and asset security. [2020/9/17]

News | Monolith transformed a $16.9 million ICO into about $25 million in assets through prudent transactions and DAI loans: Monolith CEO Mel Gelderman expressed his desire to promote an "Ethereum lifestyle" that seeks finance outside of traditional banks solution. Since Monolith was funded by the May 2017 ICO of the TKN token, which raised $16.9 million from retail investors, Gelderman said his team converted the ICO proceeds into a value of about $25 million through prudent trading and collateralized debt positions (CDPs). U.S. dollar assets, using Ethereum as collateral to obtain loans denominated in the U.S. dollar-pegged stablecoin DAI. "We have started using the MakerDAO platform to hedge, rather than sell our Ethereum. We are deploying the economy itself to achieve (our goals)." Gustav Arentoft, a business development representative at MakerDAO, said that he is working with five companies including Axie Infinity and Balance Talk to startups that leverage DAI loans to help pay for office space and salaries. In addition to MakerDAO CDPs, some startups take advantage of similar loans offered by lenders like Compound. MakerDAO has partnered with Monolith to integrate an optional CDP into the wallet application. Monolith is developing a new Visa debit card that will allow users to pay with DAI wherever Visa is accepted. (CoinDesk) [2019/8/17]

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