Borrowers Pull USDC from MakerDAO, Switch to WBTC & ETH Instead

Also, DeversiFi launch, buying ETH on Dharma, Compound's governance.

Hello Defiers! Here’s what’s happening in DeFi:

• USDC collateral in MakerDAO collapses

• DeversiFi launches Layer 2 Dex

• Compound’s governance move

• Buying ETH on Dharma

• The “Coinbase Effect”

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