MKR Holder DAI-gest: Week 8, 2020
Governance Recap Week Ending February 22, 2020
I am a cryptocurrency enthusiast that believes DAI is the stable coin capable of bringing a widespread adaptation of digital currency to the people. My mission is to help others learn about and get involved with the MakerDAO ecosystem. I am not an employee of MakerDAO, my views are my own and do not represent the views of MakerDAO implied or expressed. Can you find the weekly DAI joke? (Beside DAI-gest): Read on.
MKR Holder DAI-gest: Week 8, 2020
Governance Recap Week Ending February 22, 2020
At-A-Glance:
- Dai Statistics
- From the MakerDAO blog:
- How to Buy Cryptocurrency: A Step-by-Step Tutorial
- A Guide to Crypto Wallet Types
- Executive Votes
- Weekly Governance Meeting
- MakerDAO in the News:
- MAKERDAO CRYPTO COMMUNITY GOES DEFENSIVE FOLLOWING DEFI EXPLOITS
- MakerDAO and Pundi X Turn Dai Into a Merchant Solution
- Events
DAI Digits (Statistics)
- DAI Peg: 7d Low / 7d High $0.994620 / $1.00
- DAI Statistics
- Governance Dashboard
Get Involved
Want to get involved? Visit the MakerDAO Community Forum. 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. My interaction with Maker has always been friendly and inclusive (we really respect DAI-versity), don’t be afraid to contact foundation or forum members alike.
From the MakerDAO Blog
Governance News
Recent and Current Executive Votes
Executed February 21, 2020: Executive Vote Activated the Dai Debt Ceiling Adjustment, Set Dai Savings Rate Spread, Set Sai Stability Fee, Lowered Surplus Auction Bid, Set Governance Delay Module
- Raise the Dai Debt Ceiling by 25 million to 150 million Dai
- Set the Dai Savings Rate Spread to 0%
- Set the Sai Stability Fee to 9.5%
- Lower the minimum Surplus Auction bid to 2%
- Set the Governance Security Module Delay to 24 hours
Executed February 8, 2020 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. 74 February 20, 2020
Here is a guide from MakerDAO about becoming involved in Governance. The meeting is held 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
There is nothing to worry about, and no one has been hacked. With the rumor of some sketchy Defi trading in the Defi arena, MakerDAO makes changes to keep a secure ecosystem.
With their eyes on the Latin American markets, MakerDAO and Pudi X are incentivizing the implementation of point of sale acceptance of cryptocurrency.
Upcoming Events
- March 3–5, 2020 ETHCC 2020 Conference Paris, France
- March 4–11, 2020 Blockchain Week London
- March 9–10, 2020 Crypto-Assets Conference Frankfurt, DE
- March 10, 2020 CryptoCompare Digital Asset Summit London, UK
- March 12–13, 2020 Blockchain Summit Latam Panama City, PA
- May 8–9, 2020 Ethereal Summit New York New York, US
- June 16–18, 2020 Money 20/20 Europe 2020 Amsterdam, NL
- MakerDAO Community Events Calendar
- Weekly Community Development Meeting — Tuesdays 09:00 PST
- Weekly Governance and Risk Meeting — Thursdays 09:00 PST