Making Maker: June 2021
July 1, 2021
Happy New Year, Maker Community!
We’ve crossed the threshold into the 20s, and can’t wait to see what the new year has in store! January highlights include a new blog series for all of the folks exploring Maker for the first time, a sleek Ecosystem page on MakerDAO.com, and another appearance at CES! All of the details are below, but let’s first look at the numbers from Daistats.com as of Jan. 31, 2020, 11:45 am PT.
Total Dai: 107,923,099.92
Dai from ETH: 105,941,612.27 (98.16%)
Dai from BAT: 1,629,813.96 (1.51%)
ETH Stability Fee: 8%
BAT Stability Fee: 8%
Dai Savings Rate : 7.75%
Dai in DSR: 51,272,189.95 (47.51%)
Vaults Opened: 4501
New Year, New Users, New Educational Blog Series
The new year arrived on the heels of Multi-Collateral Dai, which has attracted many new people from around the world to Maker. To help these new users learn all about crypto, blockchain tech, Dai, and everything the Maker Protocol has to offer, we began a 6-part “Welcome to Crypto” series on Jan. 28. The full series will cover everything from the advantages of digital assets and how to buy crypto to how to read cryptocurrency price charts, and why they matter. Dig into part one now: The Benefits of Cryptocurrency and Blockchain Technology.
Explore Apps and Services Using Dai
On Jan. 9, we unveiled a new Ecosystem page on MakerDAO.com. The page, which will be updated frequently, contains links to all of the dapps designed by Maker, as well as links to the many Dai-integrated projects created by the Maker community.
OasisDEX Contract Update
Attention teams that have connected their apps to OasisDEX contracts (e.g., Kyber, 1inch.echange, Dex.AG, bZx, CDPSaver, and Argent): A new contract will be deployed on February 4, and the old contract will expire. A timeline of the upgrade is provided at the link above.
Another Milestone Reached
On Jan. 17, we hit another milestone on DefiPulse: 50M Dai locked into DeFi! And it’s only the beginning.
Maker Protocol Technical Documentation
Everything—everything— you need to know about the upgraded Maker Protocol now exists in (highly technical) documentation. A more reader-friendly MCD white paper is scheduled for release in early Feb.
MakerDAO’s Developer Guides help anyone integrate with Maker’s smart contracts, SDKs, APIs, products, and partners. Bookmark the guides and review them anytime.
A series of Governance Polls and Executive Votes this month resulted in 8% Stability Fees for both ETH and BAT, and a 7.75% Dai Savings Rate, as of Jan 31, 2020, 11:45 am PT.
Here’s the polling and voting history:
Have You Seen the New Maker Governance Dashboard?
If you’ve ever wondered how many MKR tokens are distributed across the various executive proposals, or how the amount of MKR varies within DS-Chief, the new governance dashboard developed by members of the MakerDAO community provides answers. Want more features? Make your voice heard by joining this discussion in the Maker Forum.
To stay current on governance, risk, and community issues, bookmark the MakerDAO Public Events Calendar. Newcomers to Maker might want to review our series of posts on the MakerDAO Governance Risk Framework.
The Dai Savings Rate is now live in the Argent ethereum wallet. Argent’s UI makes it ridiculously simple to earn savings on your Dai.
Community Highlights and Event Recaps
Maker at CES 2020
Representatives from our BizDev, Integrations, and Marketing teams went to Las Vegas, Nevada, early in the month to educate the tech masses on Dai and the Maker Protocol, and man the first-ever Maker booth at CES. Booth visitors got a walkthrough of how to utilize the DSR in OKEx Pool, and were shown how to use Dai as a direct payment method (no conversion to fiat!) in the PundiX POS system.
Maker President and COO Steven Becker was also on hand to speak about blockchain’s technical hurdles as part of the CES Digital Money Forum. As Coindesk correctly noted in its coverage of us (MakerDAO Pitches DeFi to the Masses at CES 2020), “There's a "digital money" section on the show floor of the Consumer Electronics Show (CES) in Las Vegas, but MakerDAO is the only digital money with a booth there.” Snap!
Finally, Coindesk’s Brady Dale stopped by our booth to interview Greg Diprisco, Maker’s Head of Business Development, about our CES demos and latest integration projects.
On Jan. 10, we collaborated with WeWork and PundiX at the WeWork Labs space in London to talk about the future of Dai and the DSR. The event included a demonstration on how to purchase goods with Dai through the PundiX POS system.
On Jan. 16, Charles St. Louis, one of Maker’s amazing Technical Consultants, presented an overview of the Maker Ecosystem to the popular DeFi Toronto group at the University of Toronto.
To stay current on Maker Community meetings, bookmark our Community Playlist on Youtube.
Feb. 7: 0xpo, San Francisco, CA, USA
Feb. 14-16: ETHDenver 2020, Denver, CO, USA
Mar. 3-5: ETHCC 2020, Paris, France
Mar. 4-11: Blockchain Week London, London, UK
Mar. 9-10: Crypto Asset Conference, Frankfurt, Germany
Mar. 12-13: Blockchain Summit LATAM, Panama City, Panama
Mar. 18-19: World Blockchain Summit, Jakarta, Indonesia.
To see more events we sponsor, participate in, or plan to attend, head to our Events page, and bookmark it!
Reminder: If you’re organizing a small event that incorporates Maker or Dai—whether it's a meetup, panel, talk, or workshop— we want to support you! Learn more about our global meetups and micro-grants initiative.
The Maker Foundation Is Hiring!
The Maker Foundation is looking for awesome people to join our growing, hard-working, and overall badass team. Check out our open roles and reach out if you’re interested!
Learn more about MakerDAO: