Gemini Dollar(GUSD)

The company stated that it previously had a relationship with Signature but said it no longer has funds there.

The MakerDAO community has approved a proposal to deploy around $100 million worth of USDC into Yearn Finance. The decision to deposit the funds on Yearn Finance will allow MakerDAO to earn an annual yield of around 2% on the stablecoin deposits. MakerDAO To Deposit $100 Million On Yearn Decentralized finance (DeFi) protocol MakerDAO’s community has approved a proposal to deploy $100 million in USD Coin (USDC) on the DeFi protocol Yearn Finance. The funds will be deposited in a special investment account called a “vault,” which is managed by Yearn Finance. The vault’s ceiling will be set at $100 million and will allow MakerDAO to earn a yield of around 2% per year, totaling around $2 million on an annual basis. “Maker Governance voted to deploy 100 million USDC from the PSM into a bespoke @iearnfinance on-chain vault.” Strong Support For Proposal The proposal to deposit the funds on Yearn was submitted in November 2022 and has found strong support within the Maker community. Around 72% of members voted in favor of the plan. The final implementation and the transfer of funds will require a further “executive vote,” according to the information shared by MakerDAO. Talk of a partnership between MakerDAO and Yearn Finance was first suggested by Yearn Finance in November 2022. However, the partnership still requires a final approval through an executive vote. The executive vote is the final step in the MakerDAO governance process and is primarily used when implementing a technical change to the Maker Protocol. In Line With Long Term Vision MakerDAO’s move to deposit funds on Yearn Finance is in line with the protocol’s vision of earning a steady revenue stream by the allocation of a part of its reserve assets to several yield-generating strategies such as investing in US government bonds and partnering with cryptocurrency exchange Coinbase. Under the partnership with Coinbase, Coinbase proposed that MakerDAO deposit around $1.6 billion worth of USD Coin (USDC) on the platform, allowing the latter to earn an annual yield of 1.5% per year. MakerDAO has also allocated USDC on a number of other decentralized finance platforms, including Idle Finance, Aave, and Compound. Additionally, DAI stablecoin holders have also received an annual reward of 1% since last month. MakerDAO is a platform managed by a decentralized autonomous organization (DAO), with holders of the MKR token being able to vote on governance proposals. The move to deposit USDC on Yearn could also improve the protocol’s dwindling user activity. Yearn Finance’s total value locked (TVL) is currently at around $442 million. This is a small fraction compared to the protocol’s all-time high TVL of $6.9 billion, which was reached in December 2021, according to data sourced from DeFiLlama. The total value locked is an indicator of the worth of the assets deployed on a protocol. An Active Community The MakerDAO community has been quite active when it comes to governance proposals and recently voted on two important proposals related to Alameda Research and Gemini’s GUSD stablecoin. In November 2022, the protocol announced that the community had voted on and passed a governance vote to remove the Alameda Research-linked RenBTC from its collateral vaults. The move was made to reduce the exposure to what the DAO deemed a risky asset following the collapse of FTX and Alameda Research. The MakerDAO community is also debating about keeping Gemini’s GUSD stablecoin as part of the reserves. The vote comes amidst growing concerns about a liquidity crisis that has impacted Gemini’s Earn program. Maker and Gemini had announced a partnership in September 2022, which allows Maker to earn 1.5% whenever the GUSD in Makers Peg Stability Module (PSM) goes above $100 million. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

After months of struggling to stay afloat, Genesis Global has finally filed for Chapter 11 bankruptcy. On the other hand, the new year seems to be heralding a new crypto bull market. Let’s find out more. Bitcoin It’s certainly not official, but the green shoots of the beginning of a new crypto bull market are beginning to be seen. JPMorgan CEO Jamie Dimon got visibly irritated and frustrated when presented with facts about Bitcoin in an interview. BTC investment vehicle, Grayscale has once again attempted to convince the United States SEC to allow the conversion of the Grayscale Bitcoin Trust (GBTC) into a spot ETF. Ethereum Ethereum-based Layer-2 protocol, Optimism has outperformed Arbitrum in transaction volume since mid-December. National Australia Bank (NAB) will be launching a stablecoin in mid-2023, pegged against the Australian dollar (AUD) on Ethereum and Algorand. DeFi Decentralized exchange aggregator 1inch has announced the launch of its proprietary cold storage hardware wallet amidst the growing trend of self-custody of assets. The MakerDAO community is voting on keeping Gemini’s GUSD stablecoin as part of the protocol’s reserves amidst insolvency concerns. The SEC has charged the Mango Markets exploiter, Avraham Eisenberg, with fraud and market manipulation. SushiSwap has shared a detailed roadmap for the coming year, revealing plans to launch a DEX aggregator, a decentralized incubator, and several new stealth projects. Altcoins Polygon has announced that it has successfully completed its highly anticipated hard fork, designed to boost performance and reduce spiking gas fees. Technology 22,000 monthly active developers are building in the crypto sector, and their numbers are increasing by 5% year-over-year. Seoul has launched the first phase of a metaverse that will allow its citizens to visit attractions virtually and interact with official services. Business Genesis Global Holdco and two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, announced Thursday that it filed for Chapter 11 bankruptcy protection. Cardano CEO Charles Hoskinson has been tweeting his take on whether CoinDesk might be a good buy, leading to speculation that he might purchase the crypto news site. $323 million from FTX and $90 million from FTX US have been classified as “unauthorized third-party transactions” since the bankruptcy petition. CFTC Commissioner Caroline Pham recently gave an interview in which she said that there are advanced discussions and meetings regarding global crypto standards happening outside of the U.S. Cryptocurrency exchange Coinbase announced that it would be suspending all its operations in Japan due to volatile market conditions. SkyBridge Capital founder, Anthony Scaramucci, has announced that he will be investing in a new crypto firm founded by the former president of FTX US. Embattled crypto lender Vauld has been granted an extension on the period of creditor protection by a Singapore court to February 28, 2023. Cryptocurrency giant Digital Currency Group (DCG) has halted its quarterly dividend payments in an effort to conserve cash and improve its balance sheet. Regulation The CFTC has urged lawmakers to prevent cryptocurrency exchanges from “Self Certifying” and listing cryptocurrency tokens without proper oversight. Japan's Financial Services Agency recently issued a statement urging global regulators to consider treating cryptocurrencies and digital assets in the same manner as banks. The European Parliament’s final vote on the EU’s landmark Markets in Crypto Assets regulation has been delayed until April 2023, reportedly due to “technical issues.” On Wednesday, the U.S. authorities accused crypto exchange, Bitzlato of laundering $700 million and named Binance, the world's largest crypto exchange, as a counterparty in the order. Authorities in the Indian state of Maharashtra have uncovered a significant cryptocurrency investment scam, which has led to losses of up to Rupees 300 crores. NFT NFT marketplace Rarible has expanded its marketplace builder to include Polygon-based NFT collections amidst growing interest in Polygon for NFTs and other gaming projects. Web3 The World Economic Forum is the latest testing ground for the metaverse, with a virtual version of the alpine town of Davos being tested during the ongoing summit. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In a dramatically tight voting, some 51% of votes favored ousting Gemini’s stablecoin from MakerDAO’s reserve. The result is a significant blow to GUSD, as MakerDAO has held 85% of all tokens in circulation.

Avastars (est. in Feb. 2020) are generative characters for the metaverse. Each one is unique and has their art and metadata stored on-chain. Avastars come licensed for use commercially by their owners. Collect Avastar Primes to make Replicants with their trait copies. IMPORTANT: When someone uses/burns a trait copy from an Avastar Prime, OpenSea shows “-Burned” after the trait name. ALWAYS CLICK ON A TRAIT TO SEE IF IT’S COPY IS BURNED BEFORE PURCHASE IF THIS IS IMPORTANT TO YOU. There is also a “MINT CONDITION” trait. All Avastars #0-25,199 are Avastar Primes. #25,200+ are Avastar Replicants. You cannot make a Replicant with another Replicant’s traits, and no 2 Avastar Primes or Replicants can ever be the same. You can also see whether an Avastar is a Prime or a Replicant under the “Wave” category. For more info, visit the Avastars Discord. The total number of owners has reached 5078. NFT Collection Avastars Price and Sales The market capitalization of Avastars NFT collection is 1,659.32 ETH. For all time, 12,494 collections sales were made at an average price of 0.35 ETH (~$535.33 at the time of writing). This created a total volume in 4,366.180 ETH. The floor price of Avastars is 0.045 and the 30-day trading volume is kept at 7.37 ETH. The payment tokens of the Avastars collection are ALXO, SAND, COLR, MKR, MNFT, GCASH, SLP, DGX, VRON, MEXP, LUNA, BONES, WAXIE, ETH, SKULL, DOOM, GUSD, MM, DAI, AMPL, MATIC, BPC, DAPPT, WETH, USDC, PIXEL, BAT, WGM, HUE, MANA, WCK, WHALE, CHERRY, goose, MORK, CLOUDT, EGGS, RARI, OHFF, BAEPAY, LINK, WIPC, REVV, BUNZ, COIN, UNI, GHST, MEME, OCTO, JAMM, TRSH. Avastars traits list Serial Min 0 Max 25199 Ranking Min 1 Max 100 Series Min 0 Max 5 Total traits burned Min 0 Max 12 Generation Min 1 Max 1 Gender Male 12465 Female 13369 Non-binary 600 Wave Prime 25200 Replicant 1234 Level Legendary 912 Epic 717 Common 19324 Rare 1699 Uncommon 3782 Skin_tone Peach puff 266 Amber brown 5294 Tumbleweed 4791 Alien 1674 Lavender rose 983 Brown sugar 1091 Mohave sand 1299 Pale chestnut 615 Champagne pink 337 Zombie 1604 Pale pink 4592 Navaho white 541 Pastel pink 258 Mellow apricot 1183 Deer 725 Amber brown - burned 230 Alien - burned 102 Deer - burned 24 Pastel pink - burned 12 Lavender rose - burned 72 Navaho white - burned 39 Zombie - burned 92 Tumbleweed - burned 204 Mohave sand - burned 41 Pale pink - burned 223 Pale chestnut - burned 25 Mellow apricot - burned 54 Champagne pink - burned 14 Brown sugar - burned 38 Peach puff - burned 11 Hair_color Reddish brown 292 Neon pink 675 Fire 450 Red berry 150 White blonde 1474 Dark sky 625 Bleached blonde 704 Neon green 526 Blue 453 Off black 1100 Black 850 Light auburn 438 Bright purple 677 Golden blonde 415 Cyan 192 Orange 1105 Brown 972 Ash blonde 564 Daisies 306 Dark auburn 505 Lava 219 Sun 278 Strawberry blonde 884 Dark brown 1040 Light blonde 637 Light red 1037 Ash brown 898 Honey blonde 371 Platinum blonde 537 Leaf 452 Grey 194 Spring rain 685 Yellow 452 Dark red 1033 Medium brown 277 Light brown 898 Dark grey 873 Light grey 1135 Medium grey 884 Light grey - burned 57 Blue - burned 26 Neon green - burned 31 Yellow - burned 15 Reddish brown - burned 18 Neon pink - burned 53 Bleached blonde - burned 23 Spring rain - burned 29 Black - burned 31 Dark red - burned 33 Dark brown - burned 61 Cyan - burned 17 White blonde - burned 56 Honey blonde - burned 10 Off black - burned 63 Golden blonde - burned 12 Strawberry blonde - burned 34 Light red - burned 40 Orange - burned 63 Medium grey - burned 28 Red berry - burned 14 Light blonde - burned 21 Bright purple - burned 29 Ash brown - burned 36 Ash blonde - burned 26 Daisies - burned 15 Medium brown - burned 13 Dark grey - burned 36 Brown - burned 50 Lava - burned 20 Dark sky - burned 33 Light auburn - burned 29 Dark auburn - burned 21 Leaf - burned 19 Grey - burned 10 Fire - burned 22 Platinum blonde - burned 33 Sun - burned 11 Light brown - burned 39 Eye_color Blue de france 228 Bright pink 317 Golden 243 Dark lavender 420 Bright lavender 828 Iceberg 771 Dark cyan 499 Azure 244 Plumb 214 Safety orange 76 Byzantine 472 Inchworm 770 Candy apple 412 Mint 66 Baby 1063 Cerulean 495 Pine green 525 Dark slate grey 196 Apricot 191 Rosewood 1101 Celadon 840 Lemon 70 Lavender blue 380 Gamboge 258 Cornflower 819 Air force blue 776 Lawn green 427 Bright ube 59 Bubbles 498 Auburn 309 Lavender 785 Clover 271 Prune 401 Denim 810 Violet 479 Pistachio 797 Eggplant 903 Citrine 374 Duke blue 204 Dark raspberry 868 Grape 796 Jade 242 Classic rose 767 Sky magenta 205 Chestnut 251 Purple heart 755 Pastel green 413 Pastel magenta 738 Dark olive 820 Pastel blue 361 Bole 197 Cobalt 246 Pastel blue - burned 17 Candy apple - burned 41 Blue de france - burned 18 Bright pink - burned 25 Golden - burned 23 Denim - burned 51 Violet - burned 28 Dark olive - burned 28 Dark cyan - burned 16 Dark raspberry - burned 42 Grape - burned 38 Lawn green - burned 30 Classic rose - burned 29 Auburn - burned 15 Pistachio - burned 27 Plumb - burned 12 Prune - burned 18 Pine green - burned 15 Celadon - burned 34 Eggplant - burned 41 Air force blue - burned 44 Gamboge - burned 15 Rosewood - burned 44 Inchworm - burned 24 Bole - burned 8 Iceberg - burned 41 Bright lavender - burned 42 Byzantine - burned 20 Cerulean - burned 15 Purple heart - burned 22 Lemon - burned 6 Bright ube - burned 5 Cobalt - burned 8 Duke blue - burned 14 Azure - burned 17 Pastel green - burned 21 Cornflower - burned 52 Citrine - burned 16 Bubbles - burned 20 Baby - burned 23 Lavender blue - burned 14 Chestnut - burned 17 Dark lavender - burned 24 Jade - burned 17 Dark slate grey - burned 8 Safety orange - burned 5 Mint - burned 5 Pastel magenta - burned 32 Lavender - burned 38 Sky magenta - burned 5 Apricot - burned 8 Clover - burned 6 Background_color Elephant tusk 335 Pale red rose 119 Pale rose 229 Blush 358 Blue bubbles 296 Black white 550 Soft lavender 362 Sugar cane 531 Easter egg 71 Solitude 723 Pink lace 337 White pointer 569 Hint of green 447 Mellow yellow 286 Ivory 412 Baby blanket 219 Purple white 270 Pink chalk 407 Spring hug 114 Clear skies 901 Winter day 507 Sunrise 542 Zumthor 253 Ceramic 384 Blue dream 241 Fabulous 311 Summer rain 402 Purple urkle 913 White 476 Tutu 738 Titan white 793 Violet chalk 616 Little bird 769 Clear day 502 Pink pointer 798 After rain 650 Light mint 309 Blue chalk 728 Pale leaf 402 Powder blue 690 Dew 414 Pink 215 Lilac white 706 Purple chalk 627 Twilight blue 674 Zircon 702 Spring breeze 627 Lily white 629 Violet white 706 Clearer day 632 Lavender white 676 Pretty pink 85 Baby blanket - burned 16 Blue bubbles - burned 23 Lily white - burned 30 Violet chalk - burned 34 Purple white - burned 14 Blue dream - burned 17 Purple urkle - burned 28 Elephant tusk - burned 19 Summer rain - burned 16 Pink - burned 15 Purple chalk - burned 29 Mellow yellow - burned 18 Pale red rose - burned 12 Little bird - burned 35 Light mint - burned 22 Powder blue - burned 34 Pink chalk - burned 19 Pale rose - burned 13 White pointer - burned 24 Blush - burned 23 Hint of green - burned 28 Pink pointer - burned 51 Sunrise - burned 30 Tutu - burned 27 Lavender white - burned 39 Black white - burned 17 Fabulous - burned 24 Easter egg - burned 3 Dew - burned 23 Blue chalk - burned 24 Pink lace - burned 25 After rain - burned 33 Pale leaf - burned 29 Violet white - burned 34 Lilac white - burned 19 Clear skies - burned 28 Sugar cane - burned 21 White - burned 14 Winter day - burned 16 Soft lavender - burned 16 Zircon - burned 22 Spring breeze - burned 13 Solitude - burned 40 Titan white - burned 31 Clear day - burned 35 Ceramic - burned 21 Pretty pink - burned 6 Zumthor - burned 11 Clearer day - burned 23 Ivory - burned 12 Twilight blue - burned 21 Spring hug - burned 4 Backdrop Backdrop 40 212 Backdrop 37 769 Backdrop 39 226 Backdrop 50 276 Backdrop 11 751 Backdrop 35 718 Backdrop 51 182 Backdrop 47 426 Backdrop 38 278 Backdrop 2 970 Backdrop 48 165 Backdrop 7 892 Backdrop 30 188 Backdrop 4 506 Backdrop 22 484 Backdrop 36 542 Backdrop 52 306 Backdrop 13 697 Backdrop 23 514 Backdrop 32 190 Backdrop 45 71 Backdrop 41 229 Backdrop 8 433 Backdrop 9 743 Backdrop 34 370 Backdrop 17 847 Backdrop 18 755 Backdrop 26 441 Backdrop 49 360 Backdrop 33 286 Backdrop 31 164 Backdrop 29 173 Backdrop 44 207 Backdrop 10 744 Backdrop 27 481 Backdrop 42 230 Backdrop 24 370 Backdrop 1 474 Backdrop 43 237 Backdrop 19 767 Backdrop 20 823 Backdrop 3 954 Backdrop 14 743 Backdrop 12 756 Backdrop 5 694 Backdrop 28 439 Backdrop 25 384 Backdrop 46 157 Backdrop 6 727 Backdrop 21 335 Backdrop 15 818 Backdrop 16 748 Backdrop 20 - burned 36 Backdrop 24 - burned 19 Backdrop 29 - burned 6 Backdrop 27 - burned 32 Backdrop 50 - burned 22 Backdrop 36 - burned 30 Backdrop 35 - burned 44 Backdrop 52 - burned 17 Backdrop 38 - burned 16 Backdrop 12 - burned 30 Backdrop 49 - burned 26 Backdrop 41 - burned 16 Backdrop 2 - burned 33 Backdrop 22 - burned 14 Backdrop 6 - burned 17 Backdrop 8 - burned 29 Backdrop 5 - burned 22 Backdrop 34 - burned 12 Backdrop 46 - burned 12 Backdrop 19 - burned 36 Backdrop 13 - burned 37 Backdrop 51 - burned 11 Backdrop 37 - burned 30 Backdrop 47 - burned 35 Backdrop 17 - burned 33 Backdrop 40 - burned 13 Backdrop 25 - burned 28 Backdrop 9 - burned 29 Backdrop 10 - burned 40 Backdrop 3 - burned 38 Backdrop 43 - burned 15 Backdrop 21 - burned 8 Backdrop 33 - burned 11 Backdrop 26 - burned 20 Backdrop 44 - burned 11 Backdrop 42 - burned 13 Backdrop 39 - burned 6 Backdrop 16 - burned 45 Backdrop 48 - burned 12 Backdrop 30 - burned 9 Backdrop 32 - burned 10 Backdrop 45 - burned 3 Backdrop 18 - burned 33 Backdrop 28 - burned 29 Backdrop 15 - burned 41 Backdrop 11 - burned 31 Backdrop 7 - burned 30 Backdrop 1 - burned 10 Backdrop 23 - burned 11 Backdrop 4 - burned 16 Backdrop 14 - burned 42 Backdrop 31 - burned 13 Ears Pointed 1792 Rounded gauges 696 Elf ethereum earrings 300 Attached bitcoin earring 141 Attached bitcoin earrings 166 Sticking out ear clip 433 Marmota x milky potato 552 Elf 745 Attached 1434 Pointed cheeze wedge stud 238 Cyborg 361 Broad opensea earrings 253 Sticking out 1582 Narrow small hoops 449 Square bitcoin earrings 58 Narrow bitcoin stud 209 Broad opensea stud 61 Broad cryptovoxels stud 480 Broad 1615 Narrow bitcoin earrings 61 Elf ethereum stud 172 Van gogh (one ear) 621 Square 1627 Rounded 1646 Narrow gold stud 1702 Rounded bitcoin stud 393 Attached bluetooth 599 Square gold stud 1796 Pointed ear cuff 1692 Narrow small hoop 381 Narrow 1520 Rounded bitcoin earrings 527 Broad cryptovoxels earrings 515 Square bitcoin stud 185 Pointed cheeze wedge earrings 253 Rounded gauges - burned 28 Attached - burned 52 Elf ethereum stud - burned 19 Elf ethereum earrings - burned 52 Broad cryptovoxels earrings - burned 26 Rounded bitcoin stud - burned 16 Marmota x milky potato - burned 32 Square gold stud - burned 64 Sticking out - burned 58 Pointed ear cuff - burned 74 Narrow gold stud - burned 60 Broad - burned 83 Elf - burned 34 Pointed - burned 74 Narrow bitcoin stud - burned 15 Square - burned 67 Rounded bitcoin earrings - burned 20 Rounded - burned 92 Cyborg - burned 20 Van gogh (one ear) - burned 43 Attached bitcoin earrings - burned 15 Attached bluetooth - burned 32 Attached bitcoin earring - burned 7 Narrow small hoop - burned 15 Narrow - burned 47 Broad opensea earrings - burned 11 Broad cryptovoxels stud - burned 30 Square bitcoin stud - burned 11 Narrow small hoops - burned 27 Narrow bitcoin earrings - burned 5 Sticking out ear clip - burned 23 Pointed cheeze wedge stud - burned 5 Broad opensea stud - burned 3 Pointed cheeze wedge earrings - burned 19 Face Male face 5 441 Male face 8 105 Female face 4 587 Male face 10 76 Female face 9 97 Female face 8 95 Female face 10 78 Male face 9 108 Female face 3 965 Female face 6 293 Female face 7 209 Male face 6 309 Male face 7 192 Male face 4 552 Female face 5 590 Female face 1 6109 Male face 3 815 Female face 2 4014 Male face 2 4026 Male face 1 5593 Female face 2 - burned 255 Female face 7 - burned 9 Female face 1 - burned 241 Female face 6 - burned 14 Male face 8 - burned 6 Female face 8 - burned 5 Male face 3 - burned 49 Female face 3 - burned 36 Male face 2 - burned 183 Male face 4 - burned 25 Male face 7 - burned 9 Male face 1 - burned 213 Female face 4 - burned 36 Male face 10 - burned 9 Female face 10 - burned 14 Female face 5 - burned 26 Male face 5 - burned 16 Female face 9 - burned 6 Male face 9 - burned 11 Male face 6 - burned 17 Nose Fleshy nose clip 499 Bumpy bull ring 797 Cyborg 421 Broken nose 361 Roman stud 267 Cat nose 760 Greek stud 794 Mona lisa 281 Da vinci 222 Greek 1690 Fleshy 1165 Roman nosering 785 Straight 1796 Straight bull ring 620 Clown nose 576 Nubian 238 Nubian nosering 744 Roman 1778 Bumpy 1616 Nixon 1629 Turned up nosering 768 Hawk mole 313 Marmota x milky 1700 Hawk 1836 Turned up 1810 Snub 1791 Nixon - burned 63 Cat nose - burned 31 Bumpy - burned 71 Nubian nosering - burned 53 Roman stud - burned 27 Cyborg - burned 36 Marmota x milky - burned 69 Straight - burned 76 Hawk - burned 68 Fleshy - burned 56 Roman nosering - burned 45 Da vinci - burned 11 Greek - burned 63 Broken nose - burned 18 Straight bull ring - burned 28 Bumpy bull ring - burned 39 Turned up - burned 87 Greek stud - burned 37 Snub - burned 98 Clown nose - burned 23 Fleshy nose clip - burned 31 Nubian - burned 17 Roman - burned 76 Turned up nosering - burned 24 Hawk mole - burned 17 Mona lisa - burned 13 Mouth Gold tooth smile 997 Busted lip 139 Elvis 518 Gold grill 458 Silver grill 397 Gimp ball 101 Spliff 454 Toothpick 1070 Tongue out 302 Surprised 434 Vampire 609 Mustache 270 Clown 490 Half smile right 946 Big smile 1094 Braces smile 302 Kiss kiss 206 Bright smile 405 Fu man chu 249 Simple smile 1015 Zippered 201 Buck teeth 718 Angry lipring 330 Angry 883 Missing tooth smile 360 Bubblegum 322 Marmota x milky 520 Soul patch 833 Pursed lips 863 Thick mustache 338 Sly 939 Half smile left 1155 Taped shut 406 Stiched shut 458 Referee whistle 432 Cyborg 468 Lip ring 880 Half frown right 1015 Biting lower lip 679 Party blower 93 Half frown left 568 Hipster mustache 228 Frown 847 Fish lips 748 Lip stud 516 Half smile left - burned 69 Sly - burned 49 Simple smile - burned 38 Bubblegum - burned 14 Kiss kiss - burned 15 Marmota x milky - burned 29 Lip ring - burned 29 Vampire - burned 36 Lip stud - burned 21 Soul patch - burned 30 Half frown right - burned 31 Fish lips - burned 27 Biting lower lip - burned 39 Mustache - burned 12 Buck teeth - burned 35 Spliff - burned 23 Toothpick - burned 50 Braces smile - burned 11 Half smile right - burned 28 Angry lipring - burned 13 Tongue out - burned 18 Angry - burned 41 Stiched shut - burned 20 Cyborg - burned 26 Surprised - burned 19 Silver grill - burned 26 Frown - burned 29 Gold grill - burned 51 Bright smile - burned 17 Taped shut - burned 25 Clown - burned 34 Missing tooth smile - burned 16 Elvis - burned 21 Pursed lips - burned 32 Thick mustache - burned 14 Half frown left - burned 28 Big smile - burned 56 Hipster mustache - burned 8 Referee whistle - burned 20 Party blower - burned 4 Gimp ball - burned 4 Gold tooth smile - burned 46 Fu man chu - burned 13 Busted lip - burned 6 Zippered - burned 5 Facial_feature Goatee 228 Tribal 355 Henna v2 193 Zeus's beard 554 Fashion show 421 Glitter 213 Cyborg 527 Mutton chops 425 Blush v2 818 Carnivale 300 Neckbeard 64 Ethereum tattoo 598 Bitcoin tattoo 1238 None v2 1532 Butterfly tattoo 71 Mountain man 573 Cat whiskers 291 Sideburns 184 Small scar 1641 Blush 736 Merlin's beard 546 Circuit board makeup 397 Thin sideburns 573 Kissed 612 Flower tattoo 432 Glitter v3 846 Henna 892 None 1528 Band aid 119 Fantasy makeup 130 Snowflake tattoo 352 Beard 941 Freckles 160 None v3 1567 Glitter v2 207 Hipster beard 668 Rainbow tattoo 425 Santa 327 None v4 1526 None v5 1576 Henna v3 193 Black stripes 278 Glitter - burned 17 None v2 - burned 60 None v3 - burned 72 Fantasy makeup - burned 11 Hipster beard - burned 35 Circuit board makeup - burned 17 Rainbow tattoo - burned 20 Small scar - burned 60 None - burned 51 Cyborg - burned 47 Fashion show - burned 23 None v4 - burned 80 Kissed - burned 30 Beard - burned 38 Mountain man - burned 20 Glitter v3 - burned 42 Carnivale - burned 15 Blush v2 - burned 56 None v5 - burned 69 Glitter v2 - burned 8 Ethereum tattoo - burned 34 Mutton chops - burned 19 Tribal - burned 20 Zeus's beard - burned 44 Thin sideburns - burned 22 Freckles - burned 8 Merlin's beard - burned 26 Bitcoin tattoo - burned 39 Cat whiskers - burned 21 Henna v3 - burned 7 Santa - burned 9 Black stripes - burned 7 Flower tattoo - burned 13 Blush - burned 43 Snowflake tattoo - burned 16 Goatee - burned 14 Henna v2 - burned 14 Sideburns - burned 4 Butterfly tattoo - burned 4 Neckbeard - burned 4 Henna - burned 33 Band aid - burned 5 Eyes Black frame 552 Mascara 1097 Sparking eyes 1135 Steampunk 969 Jeweled bindi 418 Marmota x milky 437 Cyborg 743 Stoned 582 Left wink 713 Ski goggles 632 Surprised 811 Taped nerdy 457 Monocle 470 Hero mask 716 Bombers 371 Sad 1084 Angry 829 Bloodshot 887 Cat eyes 380 John lennon 146 Cyclist sun glasses 210 Black eye 269 Confused 817 Pirate patch 562 Slim sunnies 271 Wireframe 400 Heart glasses 610 Slanted eyes 929 Vr googles 696 Closed eyes 508 Alice cooper 206 Glam rock 373 Crying 443 Flirty 619 Trippy 505 Sideways glance right 640 Normal 868 Furrowed brows 974 Right wink 903 Single tear 779 Cross eyed 243 Cat eyes - burned 29 Hero mask - burned 37 Confused - burned 28 Sparking eyes - burned 56 Cyborg - burned 47 Pirate patch - burned 32 Marmota x milky - burned 22 Bloodshot - burned 47 Monocle - burned 20 Sad - burned 20 Black frame - burned 30 Heart glasses - burned 30 Furrowed brows - burned 35 Trippy - burned 28 Vr googles - burned 31 Right wink - burned 34 Mascara - burned 49 Steampunk - burned 71 Alice cooper - burned 5 Glam rock - burned 23 Normal - burned 52 Crying - burned 14 Single tear - burned 31 Surprised - burned 34 Slanted eyes - burned 48 Flirty - burned 31 Stoned - burned 23 Taped nerdy - burned 21 John lennon - burned 9 Bombers - burned 21 Closed eyes - burned 28 Black eye - burned 8 Jeweled bindi - burned 19 Ski goggles - burned 23 Wireframe - burned 13 Sideways glance right - burned 19 Angry - burned 53 Slim sunnies - burned 8 Cyclist sun glasses - burned 6 Left wink - burned 26 Cross eyed - burned 19 Hair_style Castro 337 Big mohawk 820 Dreadlocks 468 King's crown 670 Pirate 561 Firewoman 167 Queen's crown 739 Messy 1180 Cowgirl 385 80's headband 676 Fireman 104 Afro 922 Top hat 710 Aussie 176 Neat afro 335 Admiral's hat 329 Opensea trucker 451 Ponytail 821 Punk rocker 249 Flowing 505 Slicked back 525 Soldier 366 Wizard hat 566 Vampire 844 Messy braids 278 Bald 751 Turban 294 Motorcycle cop 217 Marmota x milky 732 Nightclub 285 Indian chieftess 247 Indian chief 119 Bunny ears 207 Balding 393 Cornrows 668 Beanie 391 Cute 382 Fresh 266 Construction helmet 376 Pigtails 246 Police hat 530 Buzzed 689 Dj headphones 622 Space helmet 1099 Manbun 279 Tight curls 310 Geisha 387 Samurai 446 Long messy 443 Giant bow 404 Short mohawk 701 Birthday hat 344 Cowboy 243 Nightclub - burned 9 Afro - burned 31 Space helmet - burned 69 Wizard hat - burned 46 Pirate - burned 19 Marmota x milky - burned 31 Queen's crown - burned 32 Construction helmet - burned 22 Castro - burned 11 Dreadlocks - burned 22 Bald - burned 37 Long messy - burned 16 Birthday hat - burned 22 Big mohawk - burned 49 Dj headphones - burned 28 Punk rocker - burned 7 Aussie - burned 12 Turban - burned 20 Pigtails - burned 11 Messy braids - burned 11 Cowgirl - burned 12 Police hat - burned 29 Soldier - burned 28 Ponytail - burned 41 Bunny ears - burned 7 Admiral's hat - burned 22 Vampire - burned 36 Messy - burned 37 Short mohawk - burned 34 Flowing - burned 17 80's headband - burned 20 Buzzed - burned 51 King's crown - burned 51 Opensea trucker - burned 16 Cute - burned 15 Top hat - burned 46 Cornrows - burned 23 Beanie - burned 18 Slicked back - burned 18 Indian chieftess - burned 10 Neat afro - burned 10 Cowboy - burned 9 Samurai - burned 18 Fireman - burned 3 Indian chief - burned 4 Fresh - burned 11 Manbun - burned 4 Giant bow - burned 20 Tight curls - burned 17 Firewoman - burned 5 Balding - burned 18 Geisha - burned 16 Motorcycle cop - burned 8 Mint condition True 23367 False 1868 Avastars fees Buyer fee to dev: 0 basis points Seller fee to dev: 250 basis points Buyer fee to opensea.io: 0 basis points Seller fee to opensea.io: 250 basis points Buyer fee: 0 basis points Seller fee: 500 basis points Avastars editors list The approved editor's accounts of Avastars collection are 0x2fb8e4578322dc2bda5d11bf797ed0599752e682, 0x4c7bedfa26c744e6bd61cbdf86f3fc4a76dca073, 0xeff045036321258117ff9cf15f67ac22a51c01d9, 0x1b7b44a1eb8d1445c75c54c0c3fb143a51bebf33. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The MakerDAO community is voting on keeping Gemini’s GUSD stablecoin as part of the protocol’s reserves amidst insolvency concerns. MakerDAO and its community are concerned about DAI’s exposure to Gemini in the face of the liquidity crisis impacting the platform’s Earn program. A Critical Vote The MakerDAO community has started voting on two governance polls that look to limit the exposure of the DAI stablecoin to Gemini. The polls are a result of the liquidity crisis plaguing Gemini’s Earn program, where users have been unable to access their assets. Gemini’s GUSD stablecoin is one of the assets that can be used as collateral to mint the DAI stablecoin issued by Maker. Maker and Gemini announced a partnership in September 2022, which saw Maker earn 1.5% when GUSD in Maker’s Peg Stability Module (PSM) went beyond $100 million. PSM is the mechanism that allows users to mint DAI for collateral accepted by the Maker protocol. It also helps maintain DAI’s peg with the US Dollar. GUSD Close To Debt Ceiling As of now, the GUSD collateral in Maker stands at $489 million against its debt ceiling of $500 million, which is the maximum amount of DAI that can be minted using the Gemini Dollar. The MakerDAO community has repeatedly flagged concerns about the DAI stablecoin’s exposure to Gemini, especially after the insolvency concerns that have sprung up, thanks to Gemini Earn’s $900 million locked with crypto lender Genesis, which has paused withdrawals. However, Genesis CEO Tyler Winklevoss has tried to put the Maker community at ease, stating in a post made on the Maker Forum that MakerDAO’s exposure to Gemini was restricted to the GUSD in the Peg Stability Module. Furthermore, Winklevoss added that the GUSD reserve backing the DAI stablecoin would not be part of any bankruptcy proceedings. Details Of The Voting Process The concerns around DAI’s exposure to Gemini prompted the governance votes by the MakerDAO community. The first vote will decide the setting of the tout, which is the percentage fee for swapping the DAI stablecoin back into the collateral asset for the GUSD vault to zero. This would mean users can swap DAI back to GUSD at no cost. The second vote is to reduce the GUSD debt ceiling. The votes will end on the 19th of January, and current voting trends have shown that the community is in favor of setting the tout to zero. These governance polls are the first step in MakerDAO’s voting process. Following this step, the vote will move on to an executive vote before its implementation on Maker. Current Voting Trends With the vote ongoing, current trends have indicated that the MakerDAO community heavily favors keeping the GUSD stablecoin as a part of Maker’s reserve assets. The vote is considered a test of confidence in Gemini, which has been swept up in the ongoing crypto contagion. Voters are voting to keep the GUSD debt ceiling as it is at $500 million or reduce it to $100 million, or zero, effectively removing GUSD from Maker’s reserves. At the time of writing, an overwhelming 77.72% of the votes are in favor of leaving the GUSD ceiling unchanged at $500 million. 22.28% have voted to boot GUSD from the Maker reserve entirely by setting the debt ceiling to zero. With the voting ongoing, these figures may change by the time the voting ends on Thursday. Growing Concerns The vote comes amidst growing pressure on GUSD issuer Gemini, with the platform halting withdrawals from its Gemini Earn program and due to a lawsuit filed by the US Securities and Exchange Commission. The SEC alleges that Gemini Trust and Genesis Global Capital sold unregistered securities to customers through the Gemini Earn program. With the current situation between Gemini and Genesis impacting its Earn program, investors have grown increasingly concerned that the GUSD may destabilize, dragging Maker’s DAI stablecoin into the conundrum. MakerDAO currently holds around 85% of all GUSD in circulation, making the stablecoin extremely reliant on its relationship with Maker. There are also concerns about GUSD being partly backed by funds held at Silvergate Capital, which has also been impacted by the fallout in the crypto markets, specifically the fall of FTX. Analysts at digital asset research firm Kaiko, Riyad Carey stated, “Recent MakerDAO governance discussions have raised concerns about GUSD’s heavy reliance on the PSM and Gemini holding GUSD reserves at Silvergate.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

MakerDAO voters so far favor keeping the $500 million Gemini USD stablecoin ceiling in Maker’s PSM reserve over decreasing its role or phasing it out.