MakerDAO Maker Relay, 3 Nov 2021

Previous Meeting Next Meeting

⏯

youtube image

►

From YouTube: [Maker Relay] The State of DAI | 10/26 - 11/1

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 69: https://forum.makerdao.com/t/maker-relay-ep-69/11345

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

Hey maker dao, I'm alec today is november 2nd and we'll be covering this state of die over the past week.

A

A krabby market saw a crabby peg, resulting in some fluctuations outside of the standard range dice price reached, a high of 1.13 and a low of 0.94.

A

So once again, dye did slip below two basis points of its peg total supply launched to over 8.1 billion, and the total value locked in the protocol is a hair under 18 billion, meaning all-time high season is back and keeping the good news rolling. The protocol's usdc exposure plummeted to 34 percent with weak grabbing the top spot. Around 41 percent of the dye generated by collateral is once again generated through weak.

A

We did unfortunately see a few liquidations last week affecting the eth, a and eth sea vaults. This facilitated the sale of 31 839 die and entered the protocol. A surplus of 3663 die. The liquidation wall is very unforgiving this week, with a sharp rise at around three to five percent.

A

If we do see that correction, the wrap, bitcoin, a and uni ethe usdt vaults, will assume 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 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 again next week,.

A