---
# System prepended metadata

title: 'State of Dai: April 12th - April 18th, 2022'
tags: [State of Dai]

---

---
tags: State of Dai
---

# State of Dai: April 12th - April 18th, 2022

![](https://i.imgur.com/M5BY6bd.png)

*Hi everyone, thanks for checking out the State of Dai. Now separate from the Weekly Relay with the objective to scale and improve all the information you need for your Dai escapades!*

![](https://i.imgur.com/cY7fTie.gif) ![](https://i.imgur.com/vQAry2i.gif) ![](https://i.imgur.com/wZwa1Et.gif)

> The public PDF version is available [here.](https://pdfhost.io/v/mq6MwnVjV_State_of_Dai_April_12_18_2022)

![Peg](https://i.imgur.com/2nnznVf.png)

- Peg sailing smoother than an emirates first-class flight to Amsterdam.

![](https://i.imgur.com/9olXTgI.png)

- Digging in, the PSM trend over the past month has been leveling off. 

![DAI Supply](https://i.imgur.com/qztUeJv.png)

- TVL is almost the same, but DAI generated hovering just above 9 billion. Outstanding DAI from USDC PSM is at 50.9% (slowly reducing).
 
 
**[Visit Makerburn](https://makerburn.com/#/rundown) for an up-to-the-minute breakdown and all these fancy new pages they keep launching.**

![Growth over the week y'all](https://i.imgur.com/KjPnxPr.png)

- Like this [growth page](https://makerburn.com/#/growth) that breaks down supply and PnL.
 
![Vault changes](https://i.imgur.com/4CzVJhU.png)

- Speaking of growth, some weekly vault changes of note: WBTC-C saw large mints totaling 19 Mil. Increases in ETH-C and staked ETH, despite a reduction in our flagship Vaults.
- Though the number of ETH-A vaults decreased, there was more DAI generation.

![](https://i.imgur.com/WZXoo58.png)

- Bump in the GUNI .01% `ilk` by 50MM. The push in the DC unlocked a latent demand wizard 🪄.

![wstETH](https://i.imgur.com/xUiE2gy.png)

- Since staked ETH keeps growing, let's take a look.
- Collateralization in staked ETH is strong, as is the risk premium and protection for vaults.

![Protected vaults at 60%](https://i.imgur.com/e55Bwas.png)

- Protected wstETH vaults at 60% :eyes: 

![Liquidation breakdown per drop](https://i.imgur.com/ntWUFIK.png)

- Current Capital at Risk: $40,954,784 at time of writing. That looks like a steep liquidation cliff at 17%.

![auctions over last week](https://i.imgur.com/NQDZR27.png)

- May the OSM be ever in your favor; this last week saw seven auctions and 8MM in debt collected.

[daistats.com](daistats.com) | [makerburn.com](makerburn.com) | [maker.blockanalitica.com](maker.blockanalitica.com)

### We Are Daing for Your Feedback

We value your input! Take our [survey](https://survey.sogosurvey.com/r/OBV0Y7) to let us know what we might be missing or how to do better.

*Disclaimer: This update is assembled by a group of contributing members in the MakerDAO community. This does not serve as financial advice or an inducement to vote in any specific way. This update is for information and communication purposes only.*

#### Credit

@twblack88