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
An Executive Vote has been added to the voting portal:
🪙 @centrifuge Asset Onboarding:
- CF-DROP (ConsolFreight DROP Token) will be added as a new Real World Asset vault type (RWA003)
- HTC-DROP (Harbor Trade Credit DROP Token) will be added as a new RWA vault type (RWA004)
👇
A final Maker Foundation message from CEO Rune Christensen (@RuneKek):
https://blog.makerdao.com/makerdao-has-come-full-circle/
New Governance Polls have been added to the voting portal:
🟢Community Greenlight Polls:
G-UNIv3-DAIUSDC (Gelato UniswapV3 DAI-USDC LP Token)
U-DROP (Untangled Finance DROP)
MKR holders can signal their support at http://vote.makerdao.com/polling
Read more: https://blog.makerdao.com/governance-polls-july-19-2021/
An Executive Vote has been added to the voting portal:
🙋♀️Bid Duration (ttl) for FLAP auctions will decrease from 60 minutes to 30 minutes.
⬆️Increase Debt Ceiling for RWA-02 (NS-DROP) from 5 million DAI to 20 million DAI.
👨💻July Core Unit Budgets
More 👇
New Governance Polls have been added to the voting portal.
🪙Collateral Onboarding:
Add MATIC as a new Vault Type
📝Signal Requests:
Adjust FLAP Auction Parameters
Increase the RWA-02 (NS-DROP) Debt Ceiling
More 👇
A new Governance Poll has been added to the voting portal:
🟢Community Greenlight Poll - 0xBTC (0xBitcoin Neutral Mineable Token)
MKR holders can signal their support at http://vote.makerdao.com/polling
Read more:
https://blog.makerdao.com/governance-poll-july-5-2021/
An Executive Vote has been added to the voting portal:
↕️ Rates Changes
👷♂️July Core Unit Budgets
MKR holders can vote at http://vote.makerdao.com
Read More:
https://blog.makerdao.com/executive-vote-july-2-2021/
The latest Making Maker is out!
Get caught up with governance, blogs, and everything else that happened in June:
https://blog.makerdao.com/making-maker-june-2021/
#DeFi’s open platforms mean that anyone can research the initiatives available in the space, and then get involved in the best communities.
See how:
How to Learn About and Get Involved with DeFi Communities
DeFi’s open platforms mean that anyone can research the initiatives available in the space, and then get involved in the best communities.
blog.makerdao.com