Latest Dai updates on March 28th

2023-03-23 : 1️⃣ DAI Liquidity Buffer (DLB) Proposal:

The DAI Liquidity Buffer (DLB) proposal outlines a reserve requirement that… https://t.co/4Y4sKv7F8s


On March 27th, 2023, the Maker Governance successfully approved the Maker Constitution, which includes Scopes and Scope Frameworks to establish clear areas of responsibility and control for MakerDAO, the Maker Protocol, and DAI. Specifically, the Constitution includes two proposals: the DAI Liquidity Buffer (DLB) and the Direct-Deposit Module (D3M). The DLB proposal outlines a reserve requirement that seeks to enforce a fixed liquidity buffer on the DAI Pool, and the D3M credit line connects to the Maker Protocol and allows DAI holders to open a credit line in the Maker Protocol and withdraw their DAI. The Endgame Era is now upon us.

What is Dai ?

Introducing Dai: An Unbiased Global Financial System

Dai is an unbiased global financial system created by MakerDAO, a decentralized platform that enables anyone to access the financial system without any bias. The platform has been designed in such a way that it serves both individuals and organizations in all parts of the world.

Dai is a cryptocurrency that is backed by a basket of real-world assets, including fiat currencies, commodities, and stablecoins. This ensures that the value of Dai remains stable, no matter what the market conditions are. As a result, Dai can be used for safe and secure transactions in any part of the world.

The MakerDAO platform is powered by the Ethereum blockchain and uses smart contracts to facilitate financial transactions. This ensures that all transactions are secure and immutable. Moreover, the platform also provides users with a secure, decentralized wallet that can be used to store and manage Dai.

Dai has several advantages that make it a great choice for anyone looking for an unbiased financial system. First, it is designed to be stable, making it a great choice for those looking to store their money without worrying about market fluctuations. Second, users can also benefit from low transaction fees, as the platform does not include any hidden costs. Finally, Dai is also a great choice for those looking to invest or trade in cryptocurrencies, as it is backed by real-world assets.

Overall, Dai is a great choice for anyone looking for an unbiased global financial system. With its low transaction fees, secure wallet, and stable value, it is a great choice for anyone looking to access the financial system without any bias.

This article was published on 2023-01-28 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.