Sögur uses a monetary model that is controlled by a smart contract. This has the advantage of being free of bias, politics, and other nation-state issues tied to fiat currencies. The predictability of a monetary model also builds trust. The transparency of knowing how, when, and why Sögur is behaving a certain way in the market is a fast track to gaining trust in the economy and therefore widespread adoption. This explanation of the monetary model gives a mid-level overview of understanding. In-depth information, including the mathematics of the model, can be found in the official documentation.

The Sögur Monetary Model seeks to do five…

5 Reasons Sögur is MORE Stable and MORE Valuable

Sögur is a currency that brings together the best aspects of fiat currency and the best aspects of cryptocurrency to create a trustworthy and transparent global cryptocurrency. Sögur is a mashup of decentralization and regulation in all the ways that promote trust and legitimacy. If Sögur was a rocket ship, rest assured that the right kind of bright minds are in the pilot seat. Here are five major reasons that Sögur has better value than so-called stable coins.

1. Sögur is a stand-alone currency that is not confined to how well a fiat currency performs. It is capable of anything the market can imagine…all without governmental baggage.

Stablecoins are volatile and under the pressure from the events and policies happening within national borders. This is by way of the value of the fiat currency issued by government authority. Sögur is designed with stability stitched in and trust woven in every aspect of governance. Computer code will respond to market situations and arbitrage. This eliminates bad motive, impartiality, and inconsistency all of which are highly damning to any movement seeking to become useful in the global economy. …

Governance Recap April 23, 2020

MKR Holder DAI-gest is a weekly Maker governance recap that is written by the community for the community. The best source of Maker Community information is through active participation and engagement. This supplemental publication strives to present all relevant facts and remain free of editorial opinion (Big 3 takeaway excepted). The statements made herein are not the opinions or statements of the Maker Foundation.

DAI-gest is Now Available on Amazon Alexa as a Skill. You can enable it at https://skills-store.amazon.com/deeplink/dp/B087NH82D1?deviceType=app&share&refSuffix=ss_copy for all of your Alexa compatible devices. Then say, “Alexa, Open Maker Governance Digest” and you’ll hear the latest issue. …

MKR Holder DAI-gest: Week 16, 2020

Governance Recap April 16, 2020

MKR Holder DAI-gest is a weekly Maker governance recap that is written by the community for the community. The best source of Maker Community information is through active participation and engagement. This supplemental publication strives to present all relevant facts and remain free of editorial opinion (Big 3 takeaway excepted). The statements made herein are not the opinions or statements of the Maker Foundation.

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Corrections / Comments / Suggestions / Other: adrian@digitalgemini.co

ADDITIONAL DISCLAIMER: The summary of collateral risk modeling that is presented here is as interpreted by one person and should not be considered absolute, is not advice, is not guaranteed to be correct, and is not any opinion or statement of the Maker Foundation, either stated or implied. Collateral risk modeling comes with the responsibility of due diligence. The information summarized comes from the forum threads and Governance and Risk Call as it is interpreted by myself. I am not an expert. I am not a legal entity. It is the responsibility of any governance community member to seek out and fully qualify the source(s) of information they are using in making governance votes. These summaries may be considered a ‘novelty item’ in some jurisdictions. Not for internal use. Void where prohibited by law. Consult your physician prior to making any changes. Results not typical. These statements have not been evaluated by the FDA. Professional driver on closed course, do not attempt. …

MKR Holder DAI-gest: Week 15, 2020

Governance Recap April 9, 2020

Apologies for the late release of this issue. I try to publish weekly on Friday or Saturday at the latest after the Governance and Risk call. That will resume this week.

MKR Holder DAI-gest is a weekly Maker governance recap that is written by the community for the community. The best source of Maker Community information is through active participation and engagement. This supplemental publication strives to present all relevant facts and remain free of editorial opinion (Big 3 takeaway excepted). The statements made herein are not the opinions or statements of the Maker Foundation.

Corrections / Comments / Suggestions / Other: adrian@digitalgemini.co …

MKR Holder DAI-gest: Week 14, 2020

Governance Recap April 2, 2020

MKR Holder DAI-gest is a weekly Maker governance recap that is written by the community for the community. The best source of Maker Community information is through active participation and engagement. This supplemental publication strives to present all relevant facts and remain free of editorial opinion (Big 3 takeaway excepted). The statements made herein are not the opinions or statements of the Maker Foundation.

Corrections / Comments / Suggestions / Other: adrian@digitalgemini.co

Big 3 Take-Aways for the Week:

• Urgency, Apathy, Distraction, Denial: Pointed out by the interim governance facilitator is the cycle that happens in addressing major governance issues which are not seen to conclusion.
• The Foundation releases overview road map plan for moving toward complete self-sustaining governance of the community. Details can be found below. …

MKR Holder DAI-gest: Week 13, 2020

Governance Recap March 26, 2020

MKR Holder DAI-gest is a weekly Maker governance recap that is written by the community for the community. The best source of Maker Community information is through active participation and engagement. This supplemental publication strives to present all relevant facts and remain free of editorial opinion (Big 3 takeaway excepted). The statements made herein are not the opinions or statements of the Maker Foundation.

https://mkrdai.info (Excuse the mess, site is being remodeled. Check back soon to learn fun and horrible facts about regulated banks.)

Corrections / Comments / Suggestions / Other: ahacker.or.us@gmail.com

Big 3 Take-Aways for the Week:

• For those that utilize the services and products on the MakerDAO platform, risk of losing all of what you have invested is possible at any time. Such as anything material. Extensive analysis and resources are spent on building safety and security into this complex machine proactively, but it is impossible to plan for every scenario. Investing of any kind requires due diligence, upon which it is the investors responsibility to locate data that is accurate and pertinent prior to investing. …