The multi-chain smart wallet MYKEY announced that it supports MakerDAO’s MKR debt auction. The wallet will list the official MakerDAO auction tool and the Dai Backstop Syndicate tool developed by the DeFi community. MYKEY also stated that the official MakerDAO auction will be auctioned at a total price of 50,000 Dai per batch, and the auction unit price will be adjusted according to actual conditions. The Dai Backstop Syndicate tool is a merger and acquisition DAO contract. Any number of Dais of ordinary users can participate in the auction, but it will only be triggered when the auction price is a single MKR of 100 Dai.