Weekly (almost) Narrative on MakerDAO – 28 July 2019

General: During the course of the last week, the community held a polling vote where the winning proposal was to decrease the rate by 200bps to 18.5%. At the time of this narrative, the executive vote looks somewhat unlikely to pass as an edge case with the voting contract was discovered / stumbled upon. (Detailed…

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Weekly (almost) Narrative on MakerDAO – 02 July 2019

General: During the course of the last week, the community held a polling vote where the winning proposal was to increase the rate by 100bps to 17.5%. At the time of this narrative, the executive vote looks unlikely to pass as market conditions (a DAI price that had sagged slightly below 1.0000 has since partially…

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Weekly (almost) Narrative on MakerDAO – 26 June 2019

General: During the course of the last week, the community held a polling vote where the winning proposal was to increase the rate by 100bps to 17.5%. At the time of this narrative, the executive vote looks unlikely to pass as market conditions (a DAI price that had sagged slightly below 1.0000 has since recovered…

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Weekly (almost) Narrative on MakerDAO – 17 June 2019

General: During the course of the last week, the community held off on voting for a change to the Stability Fee (as the winning outcome on the poll showed no change for the then outstanding Stability Fee of 16.5% per annum). The community has maintained the polling frequency for another executive vote with some discussions…

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Weekly (almost) Narrative on MakerDAO – 10 June 2019

General: During the course of the last week, the community voted on and reduced the Stability Fee to 16.5% per annum. The community has maintained the polling frequency for another executive vote. At present and pending an executive vote, the Stability Fee looks to be maintained at 16.5%. We have seen some unique voting trends…

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Weekly (almost) Narrative on MakerDAO – 03 June 2019

General: During the course of the last week, the community voted on and reduced the Stability Fee to 17.5% per annum. The community has maintained the polling frequency for another executive vote. At present and pending an executive vote, a further softening of the Stability Fee by an additional 100 bps to 16.5% per annum…

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Weekly (almost) Narrative on MakerDAO – 29 May 2019

General: In the last two weeks, the community voted on and attempted to implement a reduction in the Stability. After almost two weeks of somewhat stalled voting, yesterday the Stability Fee was decreased and is now 17.5% per annum. The community has maintained the polling frequency for another executive vote. At present and pending an…

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Weekly (almost) Narrative on MakerDAO – 15 May 2019

General: In the last weeks, the community voted on and implemented an additional increase in the Stability Fee bringing the new fee to 19.5% per annum. The community has also stepped-up the polling frequency for another executive vote. At present and pending an executive vote, the Stability Fee looks to be remaining the same. The…

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Weekly Narrative on MakerDAO – 26 April 2019

Weekly Narrative on MakerDAO – 26 April 2019 General: Last week, the community voted on and implemented an additional 300bps increase in the Stability Fee bringing the new fee to 14.5% per annum. The community has also stepped-up the polling frequency for another executive vote. At present and pending an executive vote to implement a…

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Weekly Narrative on MakerDAO – 19 April 2019

Weekly Narrative on MakerDAO – 19 April 2019 General: Last week, the community voted on and implemented an additional 400bps increase in the Stability Fee bringing the new fee to 11.5% per annum. The community has also stepped-up the polling frequency for another executive vote. At present and pending an executive vote to implement a…

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