Debt-Backed (CDP) Stablecoins

All in all, 2022 was a year of survival for Maker. Their fundamentals took significant hits, but so did the rest of the market. Their dominance in the stablecoin sector is as of yet unchallenged, and their exploration of RWAs could be the next catalyst when the market turns around.

Recent news of Tornado Cash being sanctioned by the U.S. Treasury and Circle freezing USDC in addresses belonging to Tornado […]

Alchemix, a “future-yield-backed synthetic asset platform,” went live this weekend and has already absorbed close to 190M in DAI TVL.  While TVL growth is primarily driven by ALCX farming, the Alchemix protocol should not be underestimated. 

After a rough start to 2020, Maker has turned the ship around with the help of its new Peg Stability Module.