Ethereum World News
2022-06-16 11:59:07

Celsius Liquidity Woes Make MakerDAO Disable a Direct Deposit Module

The MakerDAO community has voted to disable the Aave DAI Direct Deposit Module (D3M). Analysts are pointing to the fact that a lot of DAI lent on Aave was borrowed by Celsius Network, which was collateralized by stETH. Celsius Network’s troubles are piling up and beginning to affect other projects. The MakerDAO community has voted to disable the Aave DAI Direct Deposit Module (D3M). Reportedly, the motivation behind the vote was because 100 million of the 200 million of DAI […]

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