Cointelegraph: MakerDAO Up by 30% After Vote for ‘Real-World’ Loan Collateral

MKR’s latest spike comes amid a community vote showing strong support for supporting non-crypto-native assets as collateral for the creation of DAI.

Currently, MakerDAO users can lock up Ether (ETH), Wrapped Bitcoin (WBTC), Basic Attention Tokens (BAT), or the stablecoin USD Coin (USDC) to fund DAI loans.

The vote signaled support for a protocol developed by blockchain startup Centrifuge that would allow “real-world assets” to be tokenized as ERC-20-based securities that can be used as collateral for DAI minting.

Read more here: https://cointelegraph.com/news/makerdao-up-by-30-after-vote-for-real-world-loan-collateral