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From YouTube: [Maker Relay] The State of DAI | 10/19 - 10/25
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 68: https://forum.makerdao.com/t/maker-relay-ep-68/11182
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
Overall,
the
peg
had
a
quiet
week
and
quiet
is
good.
Dye's
price
reached
a
high
of
1.06
on
the
19th
and
a
low
of
0.98
on
the
21st.
Despite
the
brief
dip
below
two
basis
points
of
the
peg,
the
overall
spread
is
continuing
to
tighten
week
to
week.
Total
supply
now
sits
at
around
7.6
billion,
and
the
total
value
locked
in
the
protocol
is
a
cool
16.8
billion
per
defy
llama.
A
That
said,
we
did
see
eight
liquidations
last
week
affecting
the
eth,
a
bat
and
lrc
vaults.
This
facilitated
the
sale
of
322
998
die
and
ended
the
protocol
a
surplus
of
2750
die
both
the
bat
and
lrc
liquidations
occurred
with
a
zero
percent
liquidation
penalty,
so
the
dioxin
from
these
liquidations
were
not
added
to
the
surplus.
A
No
vaults
are
currently
at
risk
and
despite
the
recent
volatility,
the
liquidation
wall
is
looking
pretty
comfy
right
now,
with
liquidations
beginning
around
an
18
drop
in
the
market.
If
we
do
see
another
large
correction,
the
eth-a-vaults
assume
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.maker
and
see
the
links
in
the
description
below
thanks
for
listening
and
we'll
see
you
again
next
week,.