MakerDAO news & headlines

With the rise of a new generation of popular crypto projects, MakerDAO decided to respond to the community request and add new options that can be used as collateral. The project listed three new coins, including Compound, Chainlink, and Loopring. The mentioned three tokens were specifically voted for by the MakerDAO community, which wanted some new alternatives for using as collateral for generating DAI stablecoins. The project responded by adding support for LINK, COMP, and LRC deposits. The proposal to list said coins originally emerged earlier this year, during the summer. However, voting itself only took place earlier this week.