<p>Multi-Collateral Dai (MCD) is ready to launch on Nov. 18, according to Rune Christensen, CEO of the Maker Foundation.<br /> <br /> Christensen <a href="https://blog.makerdao.com/breaking-launch-date-of-multi-collateral-dai-announced-at-devcon-5/">announced</a> the news at the DevCon 5 conference in Osaka, Japan on Wednesday. He added that MCD will bring <a href="https://blog.makerdao.com/multi-collateral-dai-collateral-types/" target="_blank" rel="noopener noreferrer">additional CDP (collateralized debt position) types</a> as well as new features such as Dai Savings Rate (DSR), which will allow users to earn on their Dai holdings.<br /> <br /> MCD will also help integrate the Maker protocol on the backend of open finance dApps (decentralized applications), per the announcement. “The launch of MCD will mark a huge milestone reached for the MakerDAO project—a turning point that will have a strong impact on the future of Decentralized Finance.”<br /> <br /> Maker (MKR) token holders will soon be able to review and vote on the terms of the DSR, according to the announcement.</p>