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From YouTube: [Maker Relay] The State of DAI | 09/21-09/27
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 64: https://forum.makerdao.com/t/maker-relay-ep-64/10540
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
Another
turbulent
week
and
another
turbulent
peg,
but
despite
the
20
market
drop
price
fluctuations,
weren't
any
more
extreme
than
we've
seen
in
recent
weeks.
That
said,
for
the
second
week
in
a
row,
dye
fell
within
one
basis,
point
of
the
peg
seeing
a
high
of
1.046
on
the
25th
and
a
low
of
0.997
on
the
26th.
A
A
We
had
14
liquidations
occur
last
week
affecting
the
ave,
ethae,
ethb,
link
and
zrx
faults.
The
resulting
auctions
facilitated
the
sale
of
21
million,
six
hundred
and
twelve
thousand
two
hundred
and
fifty
four
die
and
netted
the
protocol,
a
surplus
of
two
million
four
hundred
and
eighty
six
thousand
and
three
hundred
sixty
five
die.
All
auctions
were
successful
and
took
an
average
of
around
28
minutes.
No
vaults
are
currently
at
risk
and
the
liquidation
wall
is
smoother
this
week,
beginning
at
around
a
12
percent
market
drop
and
steepening
significantly
at
25
percent.
A
If
the
market
continues
to
pull
back
comp,
a
and
wrapped
bitcoin
a
vaults
assume
the
greatest
risk
for
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,.