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From YouTube: [Maker Relay] The State of DAI | 08/23-8/30
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 60: https://forum.makerdao.com/t/maker-relay-ep-60/10082
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
Last
week,
dies
peg
saw
higher
than
average
variance
as
the
market
continued
to
correct
the
price
reached
a
high
of
1.0028
on
the
26th
and
a
low
of
0.9993
on
the
28th.
In
both
instances,
prices
quickly,
stabilized
and
despite
the
fluctuations
die
still
remained
within
two
basis.
Points
of
the
peg
total
supply
continues
to
climb
currently
situated
at
over
6.1
billion,
and
the
total
value
locked
in
the
protocol
is
just
under
12.2
billion,
so
all-time
high
season
is
definitely
still
well
underway.
A
We
had
one
liquidation
occur
last
week
affecting
the
link
vault,
the
resulting
auction
facilitated
the
sale
of
962
0005
die
led
to
a
surplus
of
110
763
die,
no
vaults
are
currently
at
risk,
and
the
liquidation
wall
is
sitting
at
a
solid
25
percent
drop
in
the
market.
In
other
news,
the
eth
a
vault
is
this
week's
fastest
grower.
Seeing
an
uptick
of
over
20
million
in
generated
die.