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MakerDAO's profile
Maker
Maker
Maker
@MakerDAO

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Maker

@MakerDAO

Builders of Dai, a digital currency that can be used by anyone, anywhere, anytime. Do not send money to accounts impersonating Maker.

makerdao.com
Joined April 2015

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    Maker‏ @MakerDAO 11 Sep 2019
    • Report Tweet
    • Report NetzDG Violation

    "Think of the Dai Savings Rate as a savings account for your crypto" Check out our latest DSR update: https://blog.makerdao.com/an-update-on-the-dai-savings-rate-in-multi-collateral-dai/ … #Dai $Dai

    10:28 AM - 11 Sep 2019
    • 29 Retweets
    • 97 Likes
    • indiv Changhwan Lee Trinito Divine Protocol Evin Enry Jonathan Caras Søren Peter Nielsen Zach Chao 🍕 Niko ₿rrr 🦄⚡️
    6 replies 29 retweets 97 likes
      1. New conversation
      2. Tetranode‏ @Tetranode 11 Sep 2019
        • Report Tweet
        • Report NetzDG Violation
        Replying to @MakerDAO

        DSR honestly is the only feature that matters... the multicollateral is just a sideshow.

        1 reply 0 retweets 2 likes
      3. Chris Tarpley‏ @tarpmaster 11 Sep 2019
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        Replying to @Tetranode @MakerDAO

        Why would you say that?

        1 reply 0 retweets 0 likes
      4. 3 more replies
      1. New conversation
      2. jimjim‏ @JimjimValkema 11 Sep 2019
        • Report Tweet
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        Replying to @MakerDAO

        Dsr is going to be a interesting tool for maker dao because it will increase the total dai supply while also incentivising people locking up dai to decrease the amount of tokens in the market. Effectively able to now effect dai holders instead of just lenders/traders!

        1 reply 0 retweets 0 likes
      3. jimjim‏ @JimjimValkema 11 Sep 2019
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        Replying to @JimjimValkema @MakerDAO

        However dai holders will have a incentive to increase the price of dai to increase the dsr and the value of their holdings. So they might want to manipulate the market and fight mkr holders. But i might be missing something here.

        1 reply 0 retweets 0 likes
      4. 4 more replies
      1. New conversation
      2. Igor Barinov‏ @barinov 12 Sep 2019
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        Replying to @MakerDAO

        5% APR in the post for locked Dai. How DSR will compete vs Compound rates ?

        1 reply 0 retweets 0 likes
      3. nick cannon‏ @inkymaze 12 Sep 2019
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        • Report NetzDG Violation
        Replying to @barinov @MakerDAO

        By dropping the stability fee and raising the DSR apr until volume shifts back to Maker. They will likely get early locked DAI based on brand alone.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Digix DGX‏ @DigixDGX 11 Sep 2019
        • Report Tweet
        • Report NetzDG Violation
        Replying to @MakerDAO

        👌

        0 replies 0 retweets 0 likes
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      1. ChainLinkGod.eth‏ @ChainLinkGod 11 Sep 2019
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        Replying to @MakerDAO

        👍👍👍

        0 replies 0 retweets 0 likes
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      1. Rob‏ @rob_mose 11 Sep 2019
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        Replying to @MakerDAO

        Will DSR deposits be tracked with fungible tokens? If so, is there anything stopping the ecosystem from adopting the DSR tokens as the replacement for standard Dai tokens in MCD? The advantage would be that circulated “Dai” (DSR tokens) would also benefit from the savings rate.

        0 replies 0 retweets 0 likes
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