MakerDAO Proposal to Raise Real-world Asset Vault Debt Veiling Overcomes First Hurdle
MakerDAO, a decentralized autonomous organization that issues the DAI stablecoin, has seen favorable votes for its proposal to increase the DAO’s real-world asset vault debt ceiling from $500 million to $1.25 billion. This move aims to diversify DAI’s stablecoin liquid backing through real-world assets (RWAs) exposure. The preliminary vote to increase the debt ceiling to […]