DeFi giant MakerDAO on Friday approved a proposal to adopt an alternative to Lido-Staked Ethereum (stETH) as collateral, following the token’s de-peg. In a governance proposal that saw 64% approval by the MakerDAO community, the platform approved Rocket Pool ETH (rETH) as a new vault type, or collateral. rETH behaves similarly to stETH, in that
The post As Staked Ethereum (stETH) Slumps, MakerDAO Adopts An Alternative appeared first on CoinGape.
Post A Comment:
0 comments so far,add yours