Historical retrospective · DeFi

Multi-Collateral Dai broadened Maker’s collateral framework

Maker’s Multi-Collateral Dai launch allowed additional collateral types to support Dai issuance beyond the original single-collateral design.

Event / milestone year: 2019First published

Broader collateral support can diversify a stablecoin system, while making risk parameters, governance and liquidation monitoring more complex.

The update marked a transition from a narrow experimental design toward a governance-managed collateral portfolio.

More collateral options do not automatically mean stronger stability; each asset adds distinct liquidity and volatility risks.

Primary source

This retrospective summarizes the source below in original language. The displayed year refers to the dated event, proposal or specification; it is not the article’s publication date. This is not investment, legal or security advice.

Maker Protocol documentation ↗