Multi-Collateral DAI API Update
Compound API Upgrade: in the coming days, Compound APIs will begin returning the names SAI and DAI in their corresponding market; the asset called DAI will begin referencing a new address/market.
Unspent now automatically synchronizes all of your Compound activity from the Ethereum addresses you’ve added on Unspent and displays all of the relevant information in a simple dashboard. It shows the total value and total interest of assets you are lending or borrowing.
“I wanted Unspent to offer a Compound dashboard because it’s one of the most popular open finance services, and has one of the best and simplest UX.” – Philippe Masset, Unspent founder
The Massive Potential of Multi-Collateral DAI Video
“The Massive Potential of Multi-Collateral DAI” was held recently featuring Robert Leshner (Compound CEO), Steven Becker (MakerDAO President & COO), Tim Ogilvie (Staked CEO), and Allison Lu (UMA Co-Founder and COO).
The group discussed and presented information regarding the transition to Multi-Collateral DAI and the opportunity it presents. Robert spoke about Compound’s adoption of MCD and the updates to cTokens like cDAI. His presentation can be seen beginning around minute 26.
#DeFi is growing like crazy. 🤯
Maybe it’s time for a logarithmic scale.. What do you think?9
November 20th 2019
25 Retweets120 Likes
Total supply is currently at $120 million from 13,000+ suppliers. Total borrowing is at $27 million from 1,250+ borrowers.
The three largest suppliers this past week minted $7.5m of cETH; $3.7m of cETH; and $3.3m of cETH. The three largest borrowers this past week borrowed $2.9m of DAI; $1.4m of DAI, USDC and ZRZ; and $436k of DAI, ETH and USDC.
For live figures please refer to our /markets page.