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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Weekly Narrative on MakerDAO – 13 April 2019

Weekly Narrative on MakerDAO – 13 April 2019 General: Last week, the community continued to monitor the 400 bps increase in the Stability Fee from two weeks prior, bringing the current Stability Fee to 7.5% per annum. General concern continues to permeate as the price* of DAI still remains below its soft peg target of…

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Weekly Narrative on MakerDAO – 06 April 2019

Weekly Narrative on MakerDAO – 06 April 2019 General: Last week, the community continued to monitor the 400 bps increase in the Stability Fee from two weeks prior, bringing the current Stability Fee to 7.5% per annum. General concern continues to permeate as the price* of DAI still remains below its soft peg target of…

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Weekly Narrative on MakerDAO – 31 March 2019

Weekly Narrative on MakerDAO – 31 March 2019 General: Last week, the community continued to monitor the 400 bps increase in the Stability Fee from the prior week, bringing the current Stability Fee to 7.5% per annum. General concern continues to permeate as the price of DAI* still remains below its soft peg target of…

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Weekly Narrative on MakerDAO – 25 March 2019

Weekly Narrative on MakerDAO – 25 March 2019 Stability Fee: Last week, the community’s polling supported the push for a 400 bps increase in the Stability Fee. General concern continues to permeate as the price of DAI* still remains below its soft peg target of 1.0000 . Further, market makers as well as MakerDAO’s internal…

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