Maker Foundation’s Multi-Collateral Dai to Launch on Nov. 18

Rune Christensen, the CEO of the Maker Foundation, has revealed that the Multi-Collateral Dai (MCD) system will be ready to launch on Nov. 18. Speaking at DevCon 5 in Osaka, Japan, Christensen urged all holders of MakerDAO‘s MKR token to cast their votes on November 15. Dai Savings Rate, new CDPs MCD is a decentralized blockchain-based system designed to encompass Maker smart contracts, front-end apps, tools and services.  MakerDao’s announcement points out two core features of the Maker protocol that will be heralded by its planned November launch: first, the…

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