MKR Holder DAI-gest: Week 7, 2020

Governance Recap Week Ending February 15, 2020


  • DAI-ve in and Explore MakerDAO
  • Maker Governance Statistics and News
  • Guide to the Governance and Risk Meeting (Purpose and How to Participate)
  • MakerDAO in the news
  • MKR Makes Forbes Fintech 50
  • Coinbase Commerce Adds DAI
  • Buying DAI in the U.S. with Cash (No Bank Acct / Credit / Debit Card Required)

DAI Digits (Statistics)

We’re DAI-ing to Meet You: Explore MakerDAO

Still have questions? Want to get involved? Visit the MakerDAO Community Forum and ask. The community is made of interested people like yourself, and Community Leaders from MakerDAO. Share your skills in growing the MakerDAO Community, no experience necessary. The MakerDAO culture is very warm, welcoming, and ready to help. We would love to meet you!

Governance News


Recent and Current Executive Votes

Executive Vote: Activate the Sai Debt Ceiling Adjustment and Suspend Monetary Policy Votes for Technical Fixes

  • Lower the Sai Debt Ceiling by 5 million to 25 million Sai
  • Suspend monetary policy votes when there are emergency technical changes to be made to the system

Executive Vote: Activated the Savings Rate Spread and the Sai and DAI Stability Fee Adjustments

  • Lowered the DAI Stability Fee from 9% to 8%
  • Raised the DAI Savings Rate Spread from 0.25% to 0.5%
  • Note: With the Stability Fee changing to 8% and the DAI Savings Rate Spread changing to 0.5%, the DSR will become 7.5% if the vote passes
  • Lowered the Sai Stability Fee from 10% to 9%

Weekly Governance and Risk Meeting, Ep. 73 February 13, 2020

You are invited to join us and help shape the future of MakerDAO. Every Thursday, 17:00 UTC

Governance and Risk Meeting Community Guide

  • Understand the issues that are discussed and governance themes that get explored to build a healthy, secure, Maker Platform.
  • Get info on how to connect by phone or webcam.
  • Explore meeting archives.

DAI News and Info

MakerDAO is one of the newcomers to be listed on the prestigious Forbes Fintech 50 list.

Upcoming Events

How to Purchase DAI with Cash in the U.S. (No Bank Account, Credit Card, or Debit Card Required)

  • Open a Coinbase account and complete the ‘know your customer requirements’
  • Purchase Bitcoin from the Coinstar Kiosk using cash. A voucher will be printed that you can redeem online
  • Use a Coinbase receive address for Bitcoin when redeeming your voucher
  • When the Bitcoin has posted to your Coinbase account, select Trade to turn your Bitcoin into DAI (Specify an amount or choose the maximum amount to exchange all Bitcoin)
  • Send your DAI to a Web3 capable wallet such as Metamask or Coinbase Wallet and head to Oasis
  • Click ‘Save’ and follow the prompts to lock your DAI into an amazing savings interest rate, that not even your mom’s credit union could match!

Cryptocurrency enthusiast and student of life, in Portland, OR