DAI is a digital currency with an interesting mechanism for keeping the price at one dollar. It is a stablecoin.
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn’t backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
For more see: DAI
Maker governance can now vote on the activation of the Liquidation System’s 2.0 upgrade, which should improve system efficiency and help safeguard #Dai’s stability.
https://blog.makerdao.com/the-liquidations-2-0-upgrade-executive-vote-is-live/
MKR holders can vote at http://vote.makerdao.com
New Governance Polls have been added to the voting portal:
🛠️Monthly MIPs Governance Poll
🚰Add YFI to Liquidations 2.0 Framework
More 👇
In the second part of the Informed Voting series, we explore four resources that aggregate exchange information and help Maker governance voters analyze Dai markets.
Get informed:
https://blog.makerdao.com/informed-voting-four-top-resources-for-analyzing-dai-markets/
A new Executive Vote has been added to the voting portal:
🪙Onboard New Silver Series 2 DROP
MKR holders can vote at http://vote.makerdao.com
Read more at: https://blog.makerdao.com/executive-vote-april-12-2021/
New Governance Polls have been added to the voting portal:
Inclusion Polls -
👩💻Growth Core Unit MIP Set
👕MakerDAO Shop Core Unit MIP Set
📽️Content Production Core Unit MIP Set
👷♂️Protocol Engineering Core Unit MIP Set
More 👇
Nonprofits and others are leveraging the blockchain in creative ways to focus on crypto for good—putting the spotlight on decentralized philanthropy, or #DePhi.
Read more:
https://blog.makerdao.com/crypto-for-good-dephi-decentralized-philanthropy-the-new-blockchain-frontier/
cc @TheGivingBlock @AsyncArt @UNICEF @givecrypto
New Governance Polls have been added to the voting portal:
⬆️Increase the System Surplus Buffer
🛠️Add LINK-A to Liquidations 2.0 Framework
🔮Appoint @DeFiSaver as Oracle Light Feed
More 👇
An Executive Vote has been added to the voting portal to:
📈Increase COMP Maximum Debt Ceiling from 10 million to 30 million
📈Increase ZRX Maximum Debt Ceiling from 5 million to 10 million
📈Increase YFI Maximum Debt Ceiling from 45 million to 75 million
More 👇
The latest stats, blogs, governance updates, and more are available in the latest Making Maker.
Have a look at our March recap here:
https://blog.makerdao.com/making-maker-march-2021/
