
MakerDAO MKR community approves ‘endgame’ proposal
Some community members have pointed out that the Maker’s founder had influence over 50% of the votes in support of the proposal.
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Cross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge

The protocol had promised to compensate every victim of the exploit that took place on Oct. 18.

CEO Kristina Walcker-Mayer said the decision was taken as the company was unable to find a potential acquirer or investors.

The Mango community will hand the exploiter a record bounty of $47 million.

In the financial system, a perpetual futures contract, also known as a perpetual swap, is a transaction representing an agreement to buy or sell an asset at an unspecified point in the future. It also allows users to trade using margin or leverage (using borrowed funds).

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