The Maker Blog

Creating the Brand Identity for the World’s First Unbiased Currency, Dai

After engaging in a months-long internal brand audit, exploring specific ideas of style changes, and conducting surveys among the MakerDAO community, the team saw an opportunity to evolve Dai’s branding.

Why the Dai Savings Rate is a Game-Changer for the DeFi Ecosystem, and Beyond

The DSR will allow all Dai holders to earn savings automatically and natively by locking their Dai into the DSR contract

The Votes Are In: MCD Is Approved!

At 22:25 UTC today, MKR holders made history, ratifying the collection of system parameters needed to activate Multi-Collateral Dai (MCD), and paving the way for its release on Monday, November 18.

Executive Vote: Multi-Collateral Dai Launch - November 18, 2019

The Maker Foundation Interim Governance Facilitator has placed an Executive Vote into the voting system, which will enable the community to ratify the collection of system parameters needed to activate Multi-Collateral Dai.

Single-Collateral Dai to Multi-Collateral Dai Upgrade Timeline and Actions

To ensure a smooth transition from SCD to MCD for everyone, we’ve created an Upgrade Timeline

Governance Poll: Stability Fee Adjustment - November 11, 2019

The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible Dai Stability Fee options. Voters are now able to signal their support for a Stability Fee within a range of 1% to 9%.

What to Expect With the Launch of Multi-Collateral Dai

MCD will introduce exciting new features to the Maker Protocol, including the much-anticipated Dai Savings Rate (DSR) and, of course, additional collateral asset types.

Executive Vote: Lower the Stability Fee by 0.5% to a total of 5% per year and raise the Debt Ceiling by 20 million to 120 million Dai.

The Maker Foundation Interim Risk Team has placed an Executive Vote into the voting system, which will enable the community to vote for a new Dai Stability Fee of 5% and a new Debt Ceiling of 120 million Dai.

Governance Poll: Migration Risk Construct Proposal

Maker Foundation Interim Risk Team PLEASE READ IMPORTANT DISCLAIMERS HERE Introduction On November 18th, 2019, the Maker Protocol is scheduled to upgrade to a new version called Multi-Collateral Dai (MCD). The current iteration, Single-Collateral Dai (SCD), will live in parallel for some indeterminate amount of time. During this overlap, the MKR community will be tasked with […]

Governance Poll: Stability Fee Adjustment - November 4, 2019

The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible Dai Stability Fee options. Voters are now able to signal their support for a Stability Fee within a range of 1.5% to 9.5%.