# MakerDAO

rotki decodes MakerDAO vaults (CDPs), DAI Savings Rate (DSR) deposits, and the MKR-to-SKY and DAI-to-USDS migrations into the Sky protocol. You choose which Ethereum RPC endpoint handles the queries.

## Features

- Vault (CDP) collateral deposits, withdrawals, and debt payback decoded as protocol events.
- Collateral types read generically from each vault's ilk, so new collaterals are picked up as long as the vault ABI is unchanged.
- DAI Savings Rate (DSR) deposits and withdrawals tracked.
- Vault collateralization ratio computed from your locked collateral and outstanding debt.
- Sky migration transactions (MKR to SKY, DAI to USDS) decoded under the Sky counterparty.
- Vault debt shown as a liability in dashboard balances.

## Setup

1. In rotki, add your Ethereum address. MakerDAO positions are detected automatically.
2. Optional: refresh MakerDAO data under Settings → Manage Data → Refresh protocol data.
3. Open History and let the initial sync run. MakerDAO events are decoded automatically.

## FAQ

### Which Ethereum RPC does rotki use for MakerDAO activity?

rotki is a local application that talks directly to the Ethereum RPC endpoint you configure - the public default, a third-party provider, or your own node. The query goes from your computer to that endpoint without passing through any rotki-operated server.

### Is the Sky migration supported?

Yes. MKR-to-SKY and DAI-to-USDS migrations are decoded so your balances reconcile across the rebrand.

### Are new collateral types tracked?

Yes. rotki reads the collateral type from each vault's ilk, so new collaterals are picked up as long as the vault ABI is unchanged.