Express
Phase Two MakerDAO Bidders Pay 24% Less For MKR
Summary: As MakerDAO’s debt auction comes to a close, March 23, a total of $4.3 million worth of undercollateralized Dai (DAI) has been bid across both phases, and will be burned. Bidders who waited for the second phase of the auction made out much better than the first phase, as some winners payed 24% less per ...
As MakerDAO’s debt auction comes to a close, March 23, a total of $4.3 million worth of undercollateralized Dai (DAI) has been bid across both phases, and will be burned.
Bidders who waited for the second phase of the auction made out much better than the first phase, as some winners payed 24% less per Maker (MKR) token than the highest bidders in phase one.
Most of phase one’s lots were sold for around $265.00 with some selling for as high as $289.57. While half of the 46 phase two lots were won with bids of $220.00 per Maker token.
By Ramsey Baker
Tags: Dai,Debt auction,Maker,MakerDAO
Link: Phase Two MakerDAO Bidders Pay 24% Less For MKR [Copy]