News and Updates from MakerDAO

Maker is thrilled with the progress leading up to our game-changing launch of multiple collateral types. As we build our way to multi-collateral Dai, our hard-working teams will continue to execute on weekly initiatives. Check out some of Maker’s highlights from this past week:

The Dai Dashboard was just listed as a featured dapp on Toshi, Coinbase’s browser for the Ethereum network

Dai has launched as a quote currency on ERC Dex. This means Dai is now paired with all 37 utility tokens offered on the platform

Maker has partnered with Shark Relay — a relayer using the Øx Protocol to facilitate a friendly UX to find, sell, and buy tokens. We are working together to enable more users a friendly, streamlined CDP creation process on the relayer platform.

Rune joined Kevin Rose on his Block Zero podcast, explaining and answering questions about Maker & Dai. Definitely worth a listen!

Behind the new partnerships and press, our Dev teams continue to make progress. This past week the teams reached the following goalposts:

Dev Updates

Feeds

Trail of Bits audit starting. This week will focus on current price-feed and medianizer contracts and the setzer software.

and contracts and the software. Added more oracles for the next version of feeds ( terra software)

software) Oracle Security Module ready for audit

API

The query api is live at graphql.makerdao.com.

Docs are at developer.makerdao.com/dai/1/graphql/.

It should be considered beta software and will continue to be improved and expanded.

Keepers and Liquidity

We spent last week preparing our setup to be able to market make on a much more significant number of pairs. This included some architecture overhaul, as well as:

Building a trade database.

Building a set of connectors to populate the trade database with our own and also all market trades from a few exchanges. Building a tiny Bittrex interface needed for it.

Extending the GLME model with the ability to pull data from two new exchanges.

Allowing distinct buy and sell prices to be used for market making.

Integrations

The JavaScript library is finished and has now implemented most Proof of Concept functionality

In the coming sprint, we’ll create the documentation including the API docs and a couple of “recipes” for common scenarios

FAQ