►
From YouTube: [Maker Relay] The State of DAI | 08/17-08/23
Description
Check out this weekly update on the market for Dai, including the state of the peg, where Dai lives in the markets, and recent liquidations.
Maker Relay Ep 59: https://forum.makerdao.com/t/maker-relay-ep-59/9995
Social Accounts:
Forum: https://forum.makerdao.com/
Reddit: https://www.reddit.com/r/MakerDAO/
Kakao: https://open.kakao.com/o/giWg6J2
RocketChat: https://chat.makerdao.com/home
Twitter: https://twitter.com/MakerDAO
Telegram: https://t.me/makerdaoofficial
Dai Resources:
Dai Stats: https://daistats.com/
SebVentures Dune Spreadsheet: https://duneanalytics.com/SebVentures/maker---accounting_1
Maker Burn: https://makerburn.com/#/
Block Analitica: https://maker.blockanalitica.com/
A
I
saw
some
price
fluctuations
above
and
below
one
dollar,
as
the
market
continued
to
rally,
but
its
peg
was
overall
a
lot
steadier
than
in
recent
weeks.
The
price
reached
a
low
of
0.9996
on
the
17th
and
a
high
of
1.0019
on
the
night
of
the
22nd.
In
both
instances,
prices
quickly,
stabilized
and
die
again
remained
within
two
basis
points
of
its
peg
dye's,
total
supply
leap,
frog,
the
six
billion
mark
and
the
total
value
locked
in
the
protocol,
climbed
to
an
all-time
high.
With
over
12.5
billion
in
locked
collateral.
A
We
saw
five
liquidations
last
week,
three
affecting
the
eath
sea
vault
type
and
two
affecting
the
lrc
vaults.
The
liquidations
led
to
the
auction
of
595
371
die
and
a
protocol
surplus
of
68
494
die.
All
auctions
were
successful
and
concluded
after
an
average
of
just
over
46
minutes.
No
vaults
are
under
the
immediate
risk
of
liquidation
and
after
another
strong
week,
the
liquidation
wall
is
sitting
around
minus
25
percent.
A
If
we
do
see
a
large
correction,
eth
a
volts
assumed
the
greatest
risk
of
liquidation,
and
that's
all
for
this
week's
update
to
read
more
about
the
state
of
die
and
share
your
opinion
on
topics
affecting
the
dao.
Please
check
out
the
full
version
of
maker
relay
at
forum.makerdow.com
and
see
the
links
in
the
description
below
thanks
for
listening
and
we'll
see
you
again
next
week,.