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From YouTube: [Maker Relay] The State of DAI | 11/30-12/6
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 74: https://forum.makerdao.com/t/maker-relay-ep-74/12035
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
It
was
one
of
those
weeks
december
4th
saw
the
market
tank
nearly
20
across
the
board,
leading
to
a
frenzy
of
movement
that
caused
heavy
fluctuations
above
and
below
the
peg
after
the
initial
torrent
of
trading
activity
prices
quickly
stabilized,
but
the
overall
result
is
a
weaker
range
than
we've
seen
in
recent
weeks.
That
said,
the
peg
held
up
quite
nicely
through
all
the
red
candles,
maintaining
a
7
day
average
price
of
0.9997.
A
This
facilitated
the
sale
of
14
million
431
153
die
netting
the
protocol,
a
surplus
of
one
million
six
hundred
fifty
seven
thousand
eight
hundred
die.
All
auctions
were
successful
with
the
majority
cluding
within
30
minutes,
and
the
liquidation
walls
aren't
looking
much
better
this
week,
either
beginning
around
a
nine
percent
market
drop
before
sharpening
significantly
at
17.
A
If
we
see
another
week
of
red,
the
uni
v2
rap
bitcoin
eth-a-vault
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,.