Thanks for checking out this update on the state and growth of Maker!
@Primoz prepared an excellent report on the vaults that have been liquidated this year: MakerDAO FLIP Auction Stats. With over 300 auctions initiated this past week due to the correction in the cryptocurrency market, this report is extra timely!
Dai Price: $0.992545
Circulating Dai / Debt Ceiling / Utilization: 2,317,484,217 / 2,720,394,469 / 85.19%
Total Collateral / Collateralization: 5,723,990,017 / 246.99%
DAI-ly Active Addresses
Open Vaults: 21,454
Stability Fees (owed): 57,120,742
Liquidations Initiated (2/20 - 2/26): 312
Current Price: $1,968.43
Market Capitalization: $1,787,726,675
MKR Supply: 995,238
MKR Burned (Total / Initial Supply): 4,761.22 / 100,000,000
Surplus Buffer (Now / To burn MKR / est’d time): 19,624,183 / 30,000,000 / 46.57 days
Annual Burn (estimated): 38,369 MKR
Executive Votes (Past week): 1
Governance Polls: 12
Feedback is appreciated!