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Updated:Apr 23, 2026
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MakerDAO and the creation of DAI (2014–2020)

MakerDAO and the creation of DAI (2014–2020)

  1. Maker project begins early design work

    Labels: Maker Project, Ethereum
  2. Single-collateral Dai system white paper published

    Labels: Single-Collateral Dai, White Paper
  3. Single-Collateral Dai (Sai) activated on Ethereum

    Labels: Single-Collateral Dai, Ethereum
  4. Plan for Dai Savings Rate highlighted

    Labels: Dai Savings, Maker Protocol
  5. a16z purchases MKR in major 2018 deal

    Labels: Andreessen Horowitz, MKR
  6. Multi-Collateral Dai launch date announced

    Labels: Multi-Collateral Dai, Maker Governance
  7. Single-Collateral Dai renamed “Sai” for migration

    Labels: Sai, Naming Change
  8. Multi-Collateral Dai system activated on-chain

    Labels: Multi-Collateral Dai, Executive Vote
  9. DSR and governance rates used to manage peg

    Labels: Dai Savings, Maker Governance
  10. “Black Thursday” stress event hits Maker liquidations

    Labels: Black Thursday, Vault Liquidations
  11. USDC approved as collateral to improve Dai liquidity

    Labels: USDC, Collateral Addition
  12. Debt auctions mechanism explained and used for recapitalization

    Labels: Debt Auctions, MKR