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5 Nov, 5 tweets, 2 min read
๐Ÿ† We are happy to announce the winners of the hackathon held at #EthOnline 2021 @MakerDAO Summit ๐Ÿ†

๐Ÿ‘‡ Congrats to:
๐Ÿ… Osmotic Funding with a prize of 4,000 Dai.

โญ๏ธ Osmotic Funding distributes funds to @gitcoin Grants from a pool of DAI based on the votes they receive from the @gitcoin token holder community.
๐Ÿ… MoNA with a prize of 2,000 Dai.

๐Ÿ–ผ๏ธ The project looking to bring cryptoeconomic/defi/game theory to the world of judging and interactions whit NFT.
๐Ÿ… Unstoppable Streams with a prize of 2,000 Dai.

๐Ÿ“น A project for decentralized live streaming, ticket NFTs, streamed payments via super tokens, video NFTs from live streams, tips to creators and random prize giveaways to stream viewers.
๐ŸŒŸ You all can read more of the winners and participants here:

airtable.com/shr4ey979jeqzRโ€ฆ

โ€ข โ€ข โ€ข

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More from @MakerGrowth

MakerDAO Growth Profile picture
5 Nov
๐ŸŒŸ The state of the Dai ๐ŸŒŸ

๐Ÿ”ญ What Dai and Maker achieved in the last couple weeks and what's the state of the Maker Protocol?

๐Ÿ“Š Let's check it out ๐Ÿ‘‡

1/12
First things first.

๐Ÿš€ Dai supply surpassed the 8 billion milestone. ๐Ÿš€

โซ Since Oct 1st the supply increased by 28%.

๐Ÿงฎ The current amount of Dai in circulation is 8,417,188,657.56 according to daistats.com

๐ŸŒŒ The road to $10b is imminent and inevitable.

2/12
๐ŸŒ“ All these Dai are backed by $18b equivalent assets, from which $ETH earned more dominance by embracing 62% of all Dai collateralization

โซ The collateral ratio of the system remains up to 220%.

3/12
Read 12 tweets
MakerDAO Growth Profile picture
1 Nov
๐Ÿšฟ The @AaveAave Dai Direct Deposit Module (D3M) is ready to be onboarded on the Maker Protocol ๐Ÿšฟ

This is a key milestone for @MakerDAO growth leaded by an alternative source of liquidity to secondary Dai venues

We'll explain how it works and why it's important ๐Ÿงต

1/17 Image
๐Ÿ” The market is made up by two things: supply and demand.

In DeFi lending markets, supply (liquidity) and demand (weight of loans requested) determine the borrow rate (interest rate) -how much you'll pay for a loan. ๐Ÿ“ˆ

2/17 Image
๐Ÿ’› We all know that Dai is very popular where there's a lending market -everyone wants to borrow Dai, because Dai is a rockstar in DeFi.

But, what if everyone wants Dai, but there's not enough: the borrow rate numba go uppppp ๐Ÿ“ˆ๐Ÿ“ˆ๐Ÿ“ˆ

3/17 Image
Read 17 tweets
MakerDAO Growth Profile picture
1 Nov
๐ŸŒŸ The public utility that facilitates the movement of digital assets between networks in a quick, secure, and cost effective way welcomes Dai thanks to @StableNode ๐Ÿค @HashportNetwork partnership. ๐ŸŒŸ Image
โ›“๏ธ The multi-chain strategy for Dai arises through another integration while @StableNote will secure the Hashport portal along other industry-leading validators.

๐ŸŒŒ This collaboration between StableNode, Maker and Hashport also aims to push DeFi in the upcoming @hedera ecosystem
๐Ÿš€ Specifically, the partnership allows StableNode to run a validator node on Hashport with the facilites of DAI integration in their portal. Image
Read 6 tweets
MakerDAO Growth Profile picture
27 Oct
The next token that will be onboarded in @MakerDAO as collateral is... ๐Ÿฅ

๐Ÿ’ง stETH from @LidoFinance ๐Ÿ’ง

Yeah, Ethereum 2.0 is closer to Maker than ever ๐Ÿ’ฅ

And now, your best source of info about Maker and DeFi with memes and GIFs is ready for a new thread ๐Ÿงต๐Ÿ‘‡

1/19 Image
An Executive Vote for onboarding $WSTETH as collateral in the Maker Protocol was approved on Oct 26.

The vote breakdown closed at:

๐ŸŸข 53,674.41 MKR for YES ๐Ÿฅ‚

๐Ÿ˜Ž The Maker Community has decided. That's how governance works, baby.

2/19 Image
First of all: What is @LidoFinance and how it works? ๐Ÿค“

๐ŸŒ Lido is a decentralized service that allows you to participate in staking blockchains without locking assets or maintaining a complicated infrastructure.

๐Ÿงฟ It started along with Phase 0 of Ethereum 2.0

3/19
Read 19 tweets
MakerDAO Growth Profile picture
22 Oct
1/21

๐ŸŽฎ We are keeping an eye on blockchain gaming since its early days

It's time to explain what it is, what is Maker doing in this emerging ecosystem and what are our vision of the future ๐ŸŒŒ

A thread about MakerDAO ๐Ÿค Blockchain gaming is here ๐Ÿงต๐Ÿ‘‡
2/21

๐Ÿ”„ Open finance and NFTs always had a potential and powerful relationship.

๐Ÿ”ญ This is what @MakerDAO saw in projects like @AxieInfinity.

๐Ÿ™Œ For that potential a partnership was announced from its first big steps in 2019.
3/21

๐Ÿงช Back then it was perceived as an experiment.

๐Ÿž๏ธ Now it's more than a reality. It's incredibly tangible.

๐ŸŒŽ The vision of finding new people acquiring their first cryptocurrencies through this games became a fact that represents a social-economic revolution.
Read 21 tweets
MakerDAO Growth Profile picture
19 Oct
1/21

โฌ†๏ธ We all know that crypto is at its best: BTC and ETH at ATH, TVL on DeFi breaking records...

๐ŸŒŽ But, have you wondered what crypto could do for worldwide problems?

๐ŸŒฑ Here is the first thread about "The case for Clean Money", a piece by @RuneKek for the community.
2/21

๐Ÿ™Œ To begin with, @MakerDAO has always had as its main purpose "to serving the underserved".

๐Ÿ’ฒ We made this possible through access to a stable, decentralized currency that is free from governments that neglect their own currencies.

๐Ÿ’ช But yes, there is more we can do.
3/21

๐Ÿ”ฌ It's because there are more problems that an open and decentralized monetary network can solve.

๐ŸŒช๏ธ One of them, one of the most worrying, is climate change.

๐Ÿž๏ธ We all know that since we are living here, ecosystems, lands, resources and climate are not at their best.
Read 21 tweets

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