MakerDAO Integrates Chainlink Automation to Enhance $DAI's Financial Stability
Feb 10,2023,03:46
MakerDAO announced it has integrated Chainlink Automation into its Keeper Network to maintain financial stability of $DAI.
The Keeper Network is an automated system that runs specific executions associated with the Maker protocol, such as price and debt ceiling updates. Chainlink Automation will run specific tasks, including price updates, liquidity balancing for the DAI Direct Deposit Module (D3M) and debt ceiling upgrades for assets held as collateral.
