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From YouTube: [Maker Relay] The State of DAI | 09/28-10/04
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 65: https://forum.makerdao.com/t/maker-relay-ep-65/10697
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
A
welcome
week
of
green
saw
some
light,
peg
turbulence
with
dice
price,
reaching
a
high
of
1.024
on
the
first
and
a
low
of
0.994
on
the
second.
In
both
instances,
the
price
is
quickly
stabilized,
but
once
again,
dye
fell
within
one
basis.
Point
of
the
peg
total
supply
now
sits
around
6.55
billion,
and
the
total
value
locked
in
the
protocol
is
just
under
12.9
billion.
Also
of
note
that
usdc
percentage
keeps
on
dipping
and
is
now
down
to
just
over
fifty
percent.
A
A
We
did
see
four
liquidations
last
week
affecting
the
ethc
and
knc
vault
types,
the
resulting
auction
facilitated
the
sale
of
115
904
die
and
added
the
protocol
surplus
of
13062
die,
no
vaults
are
currently
at
risk,
and
the
liquidation
wall
is
fairly
forgiving,
beginning
at
around
a
12
percent
market
drop
before
steepening
significantly
at
around
25
percent.
If
we
do
see
some
corrections,
the
ethc
and
manifolds
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.