DeFi lending protocol MakerDAO’s community votes to ditch $500M of the Paxos Dollar stable from its reserves, impacting half of the token’s supply (Krisztian Sandor/CoinDesk)

Krisztian Sandor / CoinDesk:
DeFi lending protocol MakerDAO’s community votes to ditch $500M of the Paxos Dollar stable from its reserves, impacting half of the token’s supply  —  The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.