►
From YouTube: [Maker Relay] The State of DAI | 10/05 - 10/12
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 66: https://forum.makerdao.com/t/maker-relay-ep-66/10950
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
A
week
of
market
peaks
and
valleys
did
surprisingly
little
to
the
peg
in
the
overall
outlook,
but
we
did
see
some
slippage
dye
posted
both
its
weekly
highs
and
lows
on
the
9th
at
1.015
and
0.982
respectively.
Despite
the
turbulent
charts,
it's
great
to
see
the
added
stability
the
new
psms
have
brought
to
the
peg,
and
on
that
note,
the
usd
ppsm
is
now
at
a
cool.
414
million
and
gusd
is
up
to
nearly
five
million
with
usdp.
A
We
did
see
two
liquidations
last
week
affecting
the
wrapped,
bitcoin
and
etha
vault
types.
The
resulting
auctions
facilitated
the
sale
of
32
398
die
and
added
the
protocol.
A
surplus
of
3727
die.
Both
auctions
were
successful
and
took
an
average
of
around
30
minutes.
To
conclude,
no
vaults
are
currently
at
risk,
but
the
liquidation
wall
is
dicey.
This
week,
beginning
around
a
5
market
drop
and
steepening
significantly
at
around
17
to
20
percent.
A
The
market
continues
to
trend
red
the
lrca
vault
type
takes
on
the
greatest
risk
for
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
dow.
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
next
week.