Key facts:
The authorities announced that the new version of Maker was implemented this November 15.The users need to update their purses, houses of change and Dapps.Today, November 15, MakerDAO announced the launch of its Dai multicolateral in the core network. The event marks the start of a migration process that will involve owners of Dai, the owners of the houses of change and developers of decentralized applications (Dapps).The authorities confirmed months ago that the network would use the Dai-existing —known as Dai or simple Sai— to implement a new version of the token. Maker now have a Dai multicolateral (MCD), offering new features to the protocol, such as a more extensive list of assets that will work as a backup.Developers Maker have rewritten all of the core contracts intelligent Maker to introduce the Dai multicolateral. Because of this, the tokens present in the network are not compatible with the new version of the protocol, for which it is necessary that the whole community is updated.Users, developers, and owners of exchange houses and purses will have a grace period to convert their Ira, simple Ira multicolateral. According to details of the map updates MakerDAO, this period has not yet been determined. However, users must update their tokens strictly in the process of migration, which will start on the 18th of November, since any token that is not updated in this period will be liquidated by the network.Mariano Conti, one of the managers of this update, noted via Twitter that pre users will be required to attend a voting of governance to confirm the migration. After this process, the authorities will launch a portal that will facilitate the migration. Also, removed the previous token exchange houses (Wyrex, Kyber, Bittrex, among others) and introduce the MCD to the market.
Much Cooler Dai (or Multi-Collateral Dai if you wanna get technical) has been deployed to Mainnet! ?Debt ceilings are set to zero, so to Governance Vote is required to raise them and activate the system.Stay tuned! Today is gonna be a busy day ?@MakerDAO— ?Mariano Conti | conti.eth (@nanexcool) November 15, 2019
The new Dai will allow you to issue tokens backed up not only in the us dollar, but also in cryptocurrencies as ETH, REP, OMG and BAT. The community will feature a list of collateral, which will be selected through voting. Also, with these new features will be offered to users of Maker a rate of interest in Dai.