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From YouTube: [Maker Relay] The State of DAI | 09/07-09/13
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 62: https://forum.makerdao.com/t/maker-relay-ep-62/10311
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
In
both
instances,
the
peg
was
quickly
regained,
but
die
did
fall
below
two
basis
points
of
a
dollar
the
current
supply
is
sitting
at
over
6.5
billion,
and
the
total
value
locked
in
the
protocol
is
just
under
12.5
billion.
Usdc
reliance
is
also
slowly
but
surely
receding
now
sending
a
54
of
total
underwriting
collateral,
seeing
as
we're
only
around
a
month
removed
from
60.
A
That's
a
solid
win.
After
a
week
of
heavy
corrections,
we
had
five
liquidations
occur,
affecting
the
eth,
a
ethc
mana
and
usdc
eth
vaults.
The
resulting
auction
saw
the
sale
of
six
million
nine
hundred
and
twenty-five
thousand
one
hundred
and
fifty-seven
die
and
ended.
The
protocol.
A
surplus
of
796
700
die
all
were
successful
and
took
an
average
of
under
40
minutes.
To
conclude,
currently
no
vaults
are
at
risk,
but
with
another
week
of
red,
the
eth,
a
and
ave
vaults
would
assume
the
greatest
risk
for
liquidation.