Maker Votes to Decide Whether or Not to Provide 30M $DAI Loan to Digital Asset Company SG Forge

Maker announced that SG Forge, the digital asset subsidiary of Societe Generale, had proposed a 30 million $DAI debt facility. Governance is now voting to approve this transaction with the addition of $OFH as a new real-world asset collateral type. $OFH is digital covered bonds backed by Euro-denominated covered bonds of Societe Generale. The voting will end in two days.
Source

DeFi

Stablecoins

Lending

In This Article

Related News
Total stablecoin market cap tops $200 billion as onchain lending yields surge Total stablecoin market cap tops $200 billion as onchain lending yields surge
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
10 Hours Ago Trump to make crypto a national priority in upcoming executive order: Bloomberg
10 Hours Ago Phantom Wallet raises $150 million at $3 billion valuation
1 Day Ago BitMEX hit with additional $100 million fine over Bank Secrecy Act violations: report
1 Day Ago Pyth launches new oracle ‘Lazer’ to offer price feeds to latency-sensitive apps
2 Days Ago Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open