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@CryptoM
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Tag: #dai · 2 posts
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Posted Apr 11
🚀 Ethereum Foundation Completes Sale of 5,000 ETH The Ethereum Foundation has successfully sold 5,000 ETH, according to Foresight News. The sale resulted in 11.1 million DAI, with an average selling price of $2,221 per ETH. #EthereumFoundation#ETH#sale#DAI#cryptocurrency#ForesightNews
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Posted Apr 9
🚀 Sky to Repackage Assets Backing USDS and DAI Following Credit Rating Sky is set to repackage the assets backing its USDS and DAI stablecoins after receiving a B- credit rating from S&P Global Ratings in August. According to NS3.AI, Sam MacPherson, a representative from Sky, announced plans to introduce a junior risk capital vault, expected in the second quarter, to segregate higher-risk yield exposure. Additionally, Sky has decreased its exposure to Ethena's USDe in an effort to enhance the protocol's appeal to institutional investors. #Sky#USDS#DAI#stablecoins#creditrating#S&P #NS3AI#SamMacPherson#juniorriskcapitalvault#higher-riskyield #Ethena#USDe#institutionalinvestors
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