$2 Million of MakerDAO Debt to Be Wiped as Auction Reaches Final Stages

Cointelegraph

Published Mar 20, 2020 07:13AM ET

Updated Mar 20, 2020 09:00AM ET

Bidders have already committed to buying Maker (MKR) tokens for a total of $2 million in Dai (DAI) as the first phase of the MakerDAO debt auction reaches its final stages.

The majority of the current winning bids were placed at around 1:25 a.m. EST, March 20, so unless further bids come in, most of the lots will be sold at around 7:25 a.m. EST.

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