<p>The number of outstanding Dai has <a href="https://etherscan.io/token/0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359">reached</a> the protocol's built-in "debt ceiling" of 100 million— an all-time-high for the nearly two-year-old stablecoin project. CDP 15336 <a href="https://twitter.com/MakerDaiBot/status/1192162395382304768">minted</a> the Dai that boosted the outstanding supply to its limit.</p> <p>MakerDAO, the issuance platform behind Dai, had an original Dai debt ceiling of 50 million, which was <a href="https://medium.com/makerdao/we-raised-the-roof-fbe8663442d1">raised</a> to 100 million in July 2018. The MakerDAO team and community members <a href="https://twitter.com/cyounessi1/status/1192167776003207168">plan</a> to execute a governance vote this Friday to raise the debt ceiling by an additional <a href="https://vote.makerdao.com/polling-proposal/qmba2hpv3kcbjgzvlnv7xsogs3jenqdiqo3ffnktgqtepn">10-20 million</a>.</p> <p>Early last week, the Maker Foundation announced that it will be <a href="https://www.theblockcrypto.com/linked/45325/makerdao-will-rebrand-cdp-in-upcoming-multi-collateral-dai-release">rebranding</a> its Collateralized Debt Position (CDP) in preparation for its November 2019 Multi-Collateral Dai (MCD) release. The new user interface of the Maker Protocol after the release of MCD will label CDPs as "Vault."</p>