MakerDAO MKR community approves ‘endgame’ proposal

MakerDAO’s (MKR) Endgame proposal was overwhelmingly passed by the community, with around 80% of the votes in support. The endgame proposal The proposal was submitted by MakerDAO founder Rune Christensen and focused on breaking the decentralized protocol into smaller units called MetaDAOs which would be more decentralized. With over $8 billion in assets in its…

Celsius races to add more collateral to Maker as threat of liquidation looms

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto lending firm Celsius has been racing to top up its collateral on Maker to raise its assets’ liquidation price. The company added just over 2,000 Wrapped Bitcoin (WBTC) to its collateral on June 14, depositing 1,501.77 WBTC and 499.99 WBTC…