July, Maker FoundationAdded MANA (Decentraland) as a collateral type for Dai, and increased the debt space of various collaterals several times, Dai's global debt ceiling officially exceeded 568 million.
Dai achieves one milestone after another. On July 17, the total supply of Dai officially exceeded the 200 million mark, and only eleven days later, the total supply of Dai exceeded 300 million.
On July 26, Maker became the first DeFi project to reach a total lock-up volume of 1 billion US dollars.
Before going into more detail, let’s take a look at the latest data on Multi-Collateral Dai:
Total Dai: 365 million
The total amount of mortgaged ETH to borrow Dai: 278 million (76.00%)
Mortgage WBTC to borrow Dai amount: 40 million (10.95%)
Mortgage USDC-A total loan amount: 43.63 million (11.94%)
Mortgage BAT to borrow Dai amount: 2.67 million (0.73%)
Mortgage KNC loan amount: 106,400 (0.03%)
Mortgage ZRX total borrowed Dai: 40,800 (0.01%)
Mortgage of MANA to borrow Dai amount: 501 million (0.01%)
Dai Deposit Rate: 0%
Dai Deposit Rate: 0%
Total Dai in DSR: 183 million (50.03%)
Data Sources:
Data Sources:Daistats.com
Four public price feeders
On July 4th, in order to further improve the decentralization and security of the MakerDAO protocol, the Maker community passed an improvement proposal (MIP) to add four Light Feeds price feeders to the existing oracles, namely KyberNetwork, Infura , Etherscan, and Gitcoin.
Reddit Ethereum Scaling Competition
NFT collectibles
NFT collectibles
Artist Richard Rosa designed a Tiger NFT collection for Maker, which can be obtained only by triggering a large vault liquidation.
Dai payment slip
governance update
governance update
product integration
product integration
The blockchain mobile game Spells of Genesis integrates Dai, and users can earn Dai while playing the game.
Polyient, an investment firm in NFT and blockchain games, uses Dai as the only stablecoin for game NFT sales.
community activity
community activity
On July 14th, MakerDAO founder and CEO Rune Christianson participated in Binance's Off the Charts online conference, sharing the theme of Rise of Decentralization: Today's Cutting-Edge Web3 and DeFi Solutions.
On July 29, Rune participated in CoinDesk Live's fifth anniversary event of Ethereum — ETH at Five. In an online discussion at Ethereum's Bankless Bankers, Rune discussed the rise, present, and future of the DeFi movement with Compound founder Robert Leshner and Uniswap founder Hayden Adams.
On July 4th, Pan Chao, Head of MakerDAO China, participated in the 2020 China-Singapore Blockchain Leaders Summit. In the Technological Challenges and Risks of Large-scale DeFi Applications roundtable organized by the Singapore United University of Social Sciences (SUSS), Wanxiang Blockchain Lab and Babbitt, Pan Chao discussed how DeFi can introduce large-scale real assets.
On July 14, Steven Becker, Chairman and Chief Operating Officer of the Maker Foundation, participated in the LendIt Fintech seminar—Breaking Down the DeFi Buzz: How DeFi Will Reshape Global, together with Lex Sokolin, head of financial technology at ConsenSys, and founder of Centrifuge People Lucas Vogelsang.
On July 18, Greg Diprisco, Commercial Director of the Maker Foundation, participated in the OKE x DeFi roundtable. He and OKEx CEO Jay Hao discussed how to realize the integration of DeFi and CeFi.
On July 29, Maker Foundation integrated developer Petru Catana participated in Ironhack's online learning session for young programmers—Intro to Blockchain. Petru explained the working principle of the Maker protocol and code demonstration, and showed the advantages of Dai with examples.
