Update: The Road to Multi-Collateral Dai—Kovan Release v0.2.4
April 24, 2019
Introduction
Two weeks ago (April 10), we announced the release of MCD v0.2.3 on the Kovan testnet. That release, which included updates to the MCD Core Contracts, the CDP Portal, Dai.js, and the deployment of the Governance Process, was met with great response from the community. Thank you to everyone who tested and provided feedback. As we progress, the Foundation’s goal is to be as transparent as possible with the community and consistently clarify the scope of releases.
For context around MCD as a decentralized system that will operate in an autonomous way once deployed onto the blockchain, see the original The Road to Multi-Collateral Dai post here.
Today, we are releasing the third and most recent update, MCD 0.2.4, on the Kovan testnet. This release covers the newest development updates within:
MCD CDP Portal
Dai.js
New Contract Addresses
Descriptive Changelog (v0.2.3 < > v0.2.4)
Timeline
Version 0.2.2 (Released on March 28, 2019)
Version 0.2.3 (Released on April 4, 2019)
Version 0.2.4 (Released on April 18, 2019)
Since the v0.2.3 Kovan release, the following has been changed and/or added for the newest 0.2.4 release:
New Contract Addresses
The v0.2.4 release includes new collateral and MKR token addresses. This is important to note if you are looking to test and experiment with product UIs, as you will need to get the newest versions of the collateral and MKR tokens.
The new MCD 0.2.4 Kovan contract addresses can be found by running: `curl-v http://www.mocky.io/v2/5cb8de534c0000c51ad3d7c1`
Note: There were no changes made to the smart contracts for this release.
Core System Contracts
Contract Name
Description
Contract Address
MCD_VAT
The CDP core engine keeps track of DAI credit system accounting.
0xacdd1ee0f74954ed8f0ac581b081b7b86bd6aad9
MCD_CAT
The user-facing gateway contract for liquidating (biting) CDPs.
0x81f7aa9c1570de564eb511b3a1e57dae558c65b5
MCD_FLAP
The flap auction contract is responsible for buying and burning MKR when the system has a surplus.
0xb6e31ab6ea62be7c530c32daea96e84d92fe20b7
MCD_FLOP
The flop auction contract is responsible for minting and selling MKR to cover bad debt.
0x275ec1950d6406e3ce6156f9f529c047ea41c8ce
MKR Governance Token Contract
Contract Name
Description
Contract Address
MCD_GOV
The MKR governance token contract.
0xd237d1f674c2232cef8fdc7148a59d576b67a8a3
DAI Stablecoin Contracts
Contract Name
Description
Contract Name
MCD_DAI
The DAI stablecoin contract.
0xc7cc3413f169a027dccfeffe5208ca4f38ef0c40
MCD_JOIN_DAI
The DAI adapter is responsible for minting and burning DAI.
0x7bb403aae0330f1acaad8f2a06ebe4b4e4784418
ETH Collateral Contracts
Contract Name
Description
Contract Address
MCD_JOIN_ETH_A
The ETH adapter is responsible for joining and exiting ETH collateral.
0x75f0660705ef0db9adde85337980f579626643af
MCD_FLIP_ETH_A
The ETH flip auction contract is responsible for selling off ETH collateral for DAI when a CDP is liquidated.
0xb88d2655aba486a06e638707fbebd858d430ac6e
Collateral 1 Contracts
Contract Name
Description
Contract Address
COL1
Collateral 1 token contract.
0xc644e83399f3c0b4011d3dd3c61bc8b1617253e5
MCD_JOIN_COL1_A
The COL1 adapter is responsible for joining and exiting COL1 collateral.
0xc4e81c9690bb664d682826e3415134c23d08e7bb
MCD_FLIP_COL1_A
The COL1 flip auction contract is responsible for selling off COL1 collateral for DAI when a CDP is liquidated
0x6e8032435c84b08e30f27bfbb812ee365a095b31
View the full list of new contract addresses here.
The team is discussing plans to migrate to the Goerli testnet for the next release, so look out for that exciting update!
As always, we want to remind you that community feedback is crucial as we move toward the Ethereum mainnet release of Multi-Collateral Dai. Please join our public #product-feedback channel on Rocket.Chat to provide feedback and ask any questions you may have. You can also provide product feedback on the CDP Portal using Usersnap. You do not have to install a Chrome extension to do so. The Usersnap widget allows you to make comments right away.
Getting MakerDAO Updates
To receive updates on Maker from the Foundation, go to https://makerdao.com/en/. There, in the bottom right corner of the page, you will find the “Sign up for the latest content and updates” button. Please enter your email and hit ’Subscribe.’ If you are interested in learning more about creating a product or tool that leverages the Dai Credit System, contact the Foundation’s product team via Rocket.Chat.
Introduction
Two weeks ago (April 10), we announced the release of MCD v0.2.3 on the Kovan testnet. That release, which included updates to the MCD Core Contracts, the CDP Portal, Dai.js, and the deployment of the Governance Process, was met with great response from the community. Thank you to everyone who tested and provided feedback. As we progress, the Foundation’s goal is to be as transparent as possible with the community and consistently clarify the scope of releases.
For context around MCD as a decentralized system that will operate in an autonomous way once deployed onto the blockchain, see the original The Road to Multi-Collateral Dai post here.
Today, we are releasing the third and most recent update, MCD 0.2.4, on the Kovan testnet. This release covers the newest development updates within:
Descriptive Changelog (v0.2.3 < > v0.2.4)
Timeline
Since the v0.2.3 Kovan release, the following has been changed and/or added for the newest 0.2.4 release:
New Contract Addresses
The v0.2.4 release includes new collateral and MKR token addresses. This is important to note if you are looking to test and experiment with product UIs, as you will need to get the newest versions of the collateral and MKR tokens.
The new MCD 0.2.4 Kovan contract addresses can be found by running: `
curl-v http://www.mocky.io/v2/5cb8de534c0000c51ad3d7c1Note: There were no changes made to the smart contracts for this release.
Core System Contracts
MKR Governance Token Contract
DAI Stablecoin Contracts
ETH Collateral Contracts
Collateral 1 Contracts
View the full list of new contract addresses here.
User Interface Changes
CDP Portal
Release Updates
Dai.js
Dai-Governance Plugin
Release Updates
Next Steps
The team is discussing plans to migrate to the Goerli testnet for the next release, so look out for that exciting update!
As always, we want to remind you that community feedback is crucial as we move toward the Ethereum mainnet release of Multi-Collateral Dai. Please join our public #product-feedback channel on Rocket.Chat to provide feedback and ask any questions you may have. You can also provide product feedback on the CDP Portal using Usersnap. You do not have to install a Chrome extension to do so. The Usersnap widget allows you to make comments right away.
Getting MakerDAO Updates
To receive updates on Maker from the Foundation, go to https://makerdao.com/en/. There, in the bottom right corner of the page, you will find the “Sign up for the latest content and updates” button. Please enter your email and hit ’Subscribe.’ If you are interested in learning more about creating a product or tool that leverages the Dai Credit System, contact the Foundation’s product team via Rocket.Chat.
For all other updates, follow us on:
Rocket.Chat
Telegram
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Reddit
April 24, 2019