dHedge to acquire DeFi protocol mStable following governance vote

Crypto EcosystemsMarch 24, 2023, 8:38AM EDT
dHedge to acquire DeFi protocol mStable following governance vote
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Quick Take

  • mStable DAO has voted to greenlight the protocol’s acquisition by dHedge.
  • dHedge plans to improve mStable’s stablecoin yield through its Toros Finance platform.

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mStable has avoided being shut down after its DAO members voted to allow the protocol to be acquired by dHedge.
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