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From YouTube: [Maker Relay] The State of DAI | 10/12-10/18
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 67: https://forum.makerdao.com/t/maker-relay-ep-67/11076
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
Another
week
of
green
saw
another
steady
peg,
though
there
was
some
slippage,
as
the
markets
broke
out.
Still
it's
nice
to
see
the
continued
impact
of
the
new
psm
modules
during
periods
that
would
normally
see
some
strong
volatility
tie
reached
both
its
weekly
highs
and
lows
on
the
15th
at
1.06
and
0.987,
respectively,
prices
quickly
recovered
and
despite
the
rise
above
two
basis,
points
of
the
peg.
The
overall
outlook
was
steady.
A
A
We
did
have
two
liquidations
occur
last
week
affecting
the
lrc
and
bat
vaults.
The
auctions
facilitated
the
sale
of
737
000
in
eight
die,
but
netted
the
protocol
a
surplus
of
zero
die
as
the
liquidation
penalties
were
lowered
to
zero.
No
vaults
are
currently
at
risk,
but
the
liquidation
walls
aren't
overly
forgiving
beginning
around
an
eight
percent
market
drop
for
steepening
significantly
at
around
25
percent.
A
If
we
do
see
a
large
correction
this
week,
the
eth
a
vaults
would
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
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,.