DeFi Lender MakerDAO Goes TradFi and Doubles Revenue - Decrypt
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MakerDAO is the largest decentralized finance (DeFi) protocol, with $8.3 billion worth of assets on its lending platform, according to DeFi Llama The Maker protocol is run by a DAO, or decentralized autonomous organization, which is essentially an online community of stakeholders. For example, Maker
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- MakerDAO is the largest decentralized finance (DeFi) protocol, with $8.3 billion worth of assets on its lending platform, according to DeFi Llama
- The Maker protocol is run by a DAO, or decentralized autonomous organization, which is essentially an online community of stakeholders.
- For example, MakerDAO voted to increase the debt ceiling on one of its liquidity pools in September and to invest $500 million in treasury bonds last month, which set the stage for Friday’s news.
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