MakerDAO Voting Startup: System 1.2 Upgrade to Increase WBTC-A Risk Premium

2020-8-29 02:01
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According to the report, on August 22, the Maker Foundation's smart contract group united its leaders to vote in their election. Special points include: 1. Removal of the system 1.2 2. Increased WBTC-A risk rate from 2% to 4% 3. Reduced USDC-A debt limit from 140M to 40M 4. ETH From / USD yEarn Financial is whitelisted by Oracle.

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Data: The relationship between Bitcoin and gold prices is declining
According to AMBcrypto on August 28, the relative value of Bitcoin and gold has fallen. According to the press release, the relationship between Bitcoin and the price of gold is 11.8%, far from the all-time high of 68.7%. The asymmetric data also shows that the price will be cheaper than Bitcoin separated by gold. For example, when this relationship started to increase in January 2020, the value of Bitcoin, which continued to rise, also increased. A similar situation occurred in late July, when gold prices started to rise after the relationship between Bitcoin and gold prices hit all-time highs.
2020-8-29 01:41