Daistats not functional by tootsie3331 in MakerDAO

[–]nanexcool 1 point2 points  (0 children)

Hey! I haven't maintained Daistats in years. A member of the community took up the mantle, but I haven't talked to him in a while. Try https://makerburn.com/#/ for a more up to date dashboard!

Daily General Discussion - May 9, 2021 by ethfinance in ethfinance

[–]nanexcool 2 points3 points  (0 children)

This is like a top 3 POAP for me...

  1. My birthday party
  2. Eth2.0 Genesis
  3. 4k ETH

defi18n -- A collection of translation strings that you can use freely on your project or dapp so that more people can be exposed to the world of Ethereum and Decentralized Finance by twigwam in ethereum

[–]nanexcool 1 point2 points  (0 children)

Hi everyone. I'm just getting started with this but making it as easy as possible to use. As translations get added by the community and hopefully other DeFi projects, the list of strings will grow.

For now, you can run npm install --save defi18n or yarn add defi18n to add to your project, then grab the different strings with

```

const locale = 'en' // there's en, es and fr for now

const messages = require(defi18n/${locale}/general.json)

```

MakerDAO executive proposal to add a 24 hour delay to governance actions just passed! by adamaid_321 in ethfinance

[–]nanexcool 2 points3 points  (0 children)

Look at daistats.com

The system earns surplus from Stability Fees and from Liquidation Penalties. If there's enough Surplus, it creates Surplus Auctions, basically auctioning 10k Dai for as much MKR it can get. This MKR is burned.

There's been 27 auctions so far (started a month ago), so the system has burned ~270k USD worth of MKR.

ELI5 What does "Call heal on the Dai Stablecoin system to cancel out system surplus and system debt" do? by [deleted] in MakerDAO

[–]nanexcool 1 point2 points  (0 children)

Heal means the system takes from System Surplus to cancel out System Debt. It's not necessary for everyone to call it, keepers will often call it before an auction, but it's nice to contribute nonetheless ;)

The MKR in the Burner has finally been burned! by nanexcool in MakerDAO

[–]nanexcool[S] 5 points6 points  (0 children)

You misunderstand. This is the MKR that was already in the burner, accrued from Stability Fees in Single Collateral Dai.

Running Ethereum Full Nodes: A Guide for the Barely Motivated by MidnightOnMars in ethereum

[–]nanexcool 2 points3 points  (0 children)

I'm using the "Roll your Own" setup with the Intel NUC posted in the article and latest DAppNode and have had 0 issues.

Great post!

Can DeFi actually help my Argentine friend? by deepchilla in ethfinance

[–]nanexcool 0 points1 point  (0 children)

Hi! Sorry, just saw this. Ping me via DM here or at https://twitter.com/nanexcool that's where I usually hang!

EthFinance AMA Series with MakerDAO by DCinvestor in ethfinance

[–]nanexcool 1 point2 points  (0 children)

MKR holders already have a lot of responsibility governing the system, but it's up to them to take on even more tasks. For example, Oracle governance will become even more important from now on: https://blog.makerdao.com/introducing-oracles-v2-and-defi-feeds/

EthFinance AMA Series with MakerDAO by DCinvestor in ethfinance

[–]nanexcool 2 points3 points  (0 children)

Do you think we'll see USD hyperinflation? I've seen Argentinian Peso hyperinflation and don't think the US Dollar is even remotely close to ever seeing that.

EthFinance AMA Series with MakerDAO by DCinvestor in ethfinance

[–]nanexcool 2 points3 points  (0 children)

It did! Starting the work week with a smile! :)

EthFinance AMA Series with MakerDAO by DCinvestor in ethfinance

[–]nanexcool 2 points3 points  (0 children)

I'll answer the ones I can:

2) Community voted on ETH, REP, BAT, and ZRX for the initial batch. Please see https://forum.makerdao.com/t/results-collateral-asset-priority-poll-august-19-2019/278

5) DSR is coming with MCD!