MKR holder DAI-gest: Week 5 2020

Governance Recap Week Ending February 1, 2020

Statistics

  • DAI PEG: 1.02 USD/DAI +0.0228
  • Total DAI: 107, 774, 568
  • DAI Stability Fee: 8%
  • Collateral Packages: Ether (ETH), Basic Attention Token (BAT)
  • DAI from ETH: 105,776,885 DAI (98.17%) +6,108,553
  • ETH Debt Ceiling: 125,000,000 DAI
  • DAI from BAT: 1,662,268 DAI (1.51%) +25,670
  • BAT Debt Ceiling: 3,000,000 DAI
  • DAI Savings Rate: 7.75% ( Up +1.75% from last week)

Active and Upcoming On-Chain Polls and Executive Votes

Executive Vote: Activate Sai Debt Ceiling, Sai, and Dai Stability Fee Adjustments

Started January 30, 2020 — Open for Voting

Executive Vote: Activate DSR Spread, Debt Ceilings, and DAI Stability Fee Adjustments

Executed January 26, 2020 — Voting Closed

  • Raised the DAI Stability Fee from 6% to 8%
  • Lowered the SAI Debt Ceiling by 25 million to 45 million SAI
  • Raised the DAI ETH Debt Ceiling by 25 million to 125 million DAI

Weekly Governance and Risk Meeting, Ep. 71 January 30, 2020

DAI News and Resources

Upcoming MakerDAO Events and Meetups

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