It looks like DAI and MKR had some technical issues due to congestion of ethereum.
I am looking to understand what happened exactly, any good links?
It looks like DAI and MKR had some technical issues due to congestion of ethereum.
I am looking to understand what happened exactly, any good links?
@knircky this should help you have an idea about what is going...read the content of the link below..
https://www.theblockcrypto.com/post/58606/in-a-first-makerdao-protocol-to-auction-mkr-tokens-to-cover-4m-bad-debt
Maibe this helps:
https://www.coindesk.com/makerdao-debts-grow-as-defi-leader-moves-to-stabilize-protocol
Not Shure , but a ETH transaction was needed about 40min yesterday
Its due to the fact that people now see crypto transactions as the only way to avoid public gathering which can avoid the spread of the virus.
@knircky has set 20.000 STEEM bounty on this post!
Bounties let you earn rewards without the need for Steem Power. Go here to learn how bounties work.
Earn the bounty by commenting what you think the bounty creator wants to know from you.
Find more bounties here and become a bounty hunter.
Happy Rewards Hunting!
Congratulations to the following winner(s) of the bounty!
Find more bounties here and become a bounty hunter.
Find more bounties here and become a bounty hunter.
Find more bounties here and become a bounty hunter.