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From YouTube: [Maker Relay] The State of DAI | 08/10 - 08/16
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 58: https://forum.makerdao.com/t/maker-relay-ep-58/9892
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
The
peg
saw
more
fluctuation
than
we've
seen
in
recent
weeks,
reaching
a
high
of
1.0085
on
the
13th
and
a
low
of
0.9991
on
the
15th.
In
both
instances,
prices
quickly,
stabilized
and
die
stayed
within
two
basis.
Points
of
its
peg
around
two
billion
die
was
moved
through
decentralized
exchanges
last
week
with
curve
leading
the
pack
seeing
over
211
billion
in
total
volume
in
its
die
usdt
pair.
It's
also
worth
noting
that
usdc
dipped
slightly
below
60
of
total
die
generated
a
small
victory,
but
a
win.
All
the
same.
A
One
liquidation
occurred
last
week
affecting
the
eth
see
vault
5650
die
were
auctioned,
resulting
in
a
protocol
surplus
of
650
die.
The
auction
was
successful
and
lasted
around
38
minutes.
Currently,
no
vaults
are
at
risk
of
liquidation
and
the
liquidation
wall
is
around
minus
20
percent,
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.