MakerDAO files emergency proposal addressing 3.1B USDC exposure
“Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less,” says MakerDAO.
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Maker cuts off Aave’s DAI supply as fallout from Celsius continues
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH.