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From YouTube: [Maker Relay] The State of DAI | 08/31-09/07
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 61: https://forum.makerdao.com/t/maker-relay-ep-61/10214
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
Nice
pegs
stood
steady
during
a
strong
week
of
green,
reaching
a
high
of
1.0018
on
the
first
and
lows
of
0.996
on
both
the
3rd
and
the
7th.
In
all
instances,
prices
quickly,
stabilized
and
again,
dye
remained
within
two
basis.
Points
of
the
peg
total
supply
is
now
sitting
over
6.5
billion.
The
total
value
locked
in
the
protocol
is
nearly
13
billion.
Personally,
I
could
get
used
to
weekly
all-time
highs.
A
We
had
five
liquidations
occur
last
week
affecting
the
eth,
a
ethc,
mana
and
link
vaults.
The
resulting
auctions
facilitated
the
sale
of
a
hundred
thirteen
die
and
netted
the
protocol.
A
surplus
of
fifteen
thousand
four
hundred
and
twenty
nine
die.
No
vaults
are
under
the
immediate
risk
of
under
collateralization,
but
after
a
massive
correction
that
could
change
the
liquidation
wall
is
steep
hovering
around
a
10
percent
market
drop
and
if
the
market
continues
to
trend
down,
the
wrapped
bitcoin
vault
assumes
the
greatest
risk
of
liquidation
now
pivoting
over
to
growth.
A
Despite
the
dip,
the
ethane
wrapped
bitcoin
vault
types
are
both
heating
up
the
combined
22
new
vaults
created
last
week,
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
see
the
links
in
the
description
below
thanks
for
listening
and
we'll
see
you
again
next
week,.