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Event record

Reviewed event

Single-Collateral Dai becomes SAI during the Multi-Collateral Dai launch

MakerDAO launched Multi-Collateral Dai on 18 November 2019 and renamed the original ETH-only Dai token to SAI. SAI holders were directed to migration or settlement paths rather than continued issuance under the current DAI system.

Date
2019-11-18
Affected records
3 linked records
2 stablecoins · 1 organization
Evidence
3 sources
3 evidence relations

Connected records

Affected records

Assets and organizations connected to this event.
StablecoinSingle-Collateral DaiStablecoinDaiOrganizationMakerDAO / Sky

Sources

Evidence

Sources used for this record, with archival copies where available.
3 source identities · 3 evidence relations
SourcePublisher and dateRelevanceArchive
Multi-Collateral Dai is live
Source details
Source category
Official statement or announcement
Provenance
Subject-controlled source
Primary or secondary
Primary source
Reliability
High
MakerDAO
Published 2019-11-18		Migration Event, Launch date, Identity TransitionArchive index or wildcard
Single-Collateral Dai to Multi-Collateral Dai migration documentation
Source details
Source category
Official documentation or product page
Provenance
Subject-controlled source
Primary or secondary
Primary source
Reliability
High
MakerDAO Documentation
Published Not yet recorded		Migration Mechanics, Redemption Exit, Identity TransitionArchive index or wildcard
SAI token contract on Ethereum
Source details
Source category
On-chain record or explorer
Provenance
Technical primary source
Primary or secondary
Primary source
Reliability
High
Etherscan
Published Not yet recorded		Contract Identity, Ethereum DeploymentNo archive recorded
Official statement or announcement

Multi-Collateral Dai is live

High
Publisher
MakerDAO
Published
2019-11-18
Provenance
Subject-controlled source
Primary or secondary
Primary source
Supported claims
Migration Event, Launch date, Identity Transition
Reliability
High
On-chain record or explorer

SAI token contract on Ethereum

High
Publisher
Etherscan
Published
Not yet recorded
Provenance
Technical primary source
Primary or secondary
Primary source
Supported claims
Contract Identity, Ethereum Deployment
Archive
No archive recorded
Reliability
High
Record details
Classification, review, and event-specific data
Record ID
sog_ev_sai_2019_11_migration
Severity
High
Event type
Migration
Public category
Migration and rebrand
Lifecycle effect
Migrated
Recovery or reversal
Not applicable
Recovery date
Not yet recorded
Cause or mechanism
The original Single-Collateral Dai token was renamed SAI and moved out of active issuance as Multi-Collateral Dai became the current DAI system.
Structured detail kind
Migration
Record confidence
High
Evidence relations
3

Event-specific details

Migration

Summary
The original Single-Collateral Dai token was renamed SAI and moved out of active issuance as Multi-Collateral Dai became the current DAI system.

Maintenance

Corrections and further reading

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