On Tuesday, September 6th, a proposal to transfer a significant portion of MakerDAO’s Peg Stability Module (PSM) to Coinbase was published. The aim of such a move would be to increase the DAO’s ...
The idea of the proposal is to transfer 33% of MakerDAO’s Peg Stability Module (PSM) to Coinbase. Considering that the PSM holds $1.6 billion, this move would place $528 million in USDC into Coinbase ...