Blockchain

Story: Multi-collateral Dai (MCD) Making Good on Promise Oasis Borrow and Oasis Save Introduced

By Steven Anderson

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Multi-collateral Dai was recently launched.  Investors can now upgrade their Sai to Dai easily using the MakerDAO's Migration Portal and can eventually take advantage of…

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Rune Christensen, Maker Foundation CEO, stated, “I’ve been imagining this moment for five years,” he further stated, “It’s incredible.

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The launch of MCD calls for careful scaling because Maker Governance is becoming increasingly very complicated.

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The recent upgrade has happened due to the several hours of hard work, stewardship, and commitment from the Maker Community.

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The Maker Foundation, have been promising to take the Maker Protocol and Dai to the next phase, and this promise is now fulfilled.

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With Dai going live, the governance team is happy as the currency is re-defined for the world.  Oasis Borrow and Oasis Save were also introduced.

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Using the Oasis Save Interface, users can access the Dai Savings Rate.  This they can do to earn some savings on locked Dai.

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When the Maker Currency was first launched, it was envisioned to shape the future of the commerce on the blockchain technology.  Now, this vision has become a reality.

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