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Makersplace with The Holoverse to launch the first Hologram of Leonardo da Vinci artwork
MakerDAO is now fully decentralized
New crypto assets on eToro: Maker (MKR) and Enjin (ENJ)
Maker DAO: -98% of the TVL?
Single Collateral Dai (SAI) migration successfully completed
Interview with Maker DAO Maria Magenes
Maker DAO: the latest stats from DAI
Maker
MKR holders can vote for proposals created on smart contracts submitted by any Ethereum account interested in the MakerDAO ecosystem. The proposal with the highest number of approval votes by MKR holders is elected as an "Active Proposal" in the MakerDAO system.Â
In general, users can borrow from up to 66% of the value of their collateral (collateral ratio of 150%).Â
As of November 2019, an update has designated the current DAI as Multi-Collateral, i.e. collateralized by multiple assets, while the DAI collateralized only by Ethereum have become SAI - Single Collateral.Â
In addition, the same month saw the introduction of the DAI Saving Rate (DSR), a savings service on the Maker protocol.Â
Basically, by locking DAI on DSR, DAI holders participate in the benefits of the Saving Rate such as the 4% yield determined by Maker Governance or other services that are part of the DeFi (Decentralized Finance) ecosystem.Â