Three Whales Have Accumulated 2,170 MKR in the Past 24 Hours, Equivalent to Approximately US$3.167 Million
The address 3 Whale is accumulating MKR. The address 0x9e withdrew 869 MKR (1.27 million USD) from Binance 19 hours ago and currently holds 3,549 MKR (5.17 million USD). The new wallet "0x6b" withdrew 1,001 MKR (1.46 million USD) from Binance 20 hours ago. The address 0xB4 withdrew 300 MKR (437,000 USD) from OKX 11 hours ago and currently holds 800 MKR (1.17 million USD).
DAI in DSR has grown by $1.38 billion since the Dai savings rate was raised to 8% in early August
According to a report released by 21Shares, since early August when the Dai Savings Rate (DSR) was increased to 8% APY, DAI in the DSR has grown by $1.38 billion, increasing from $337 million to $1.66 billion. At the same time, MakerDAO fundamentals continue to improve, with MKR rising 32.70% in the past month.
Maker subDAO passes new proposal to activate DAI lending market on Gnosis chain
Maker's DeFi "subDAO" has passed a proposal to activate the DAI lending market on the Gnosis chain. Users can now access Spark Lend on both the Gnosis chain and Ethereum, which is a fork of Aave with similar functionality. As demand grows, the Gnosis treasury management platform Karpatkey will provide liquidity for the DAI market until Maker operates it on its own.
MakerDAO Once Again Increased RWA Assets by US$191 Million, and Total RWA Assets Exceeded US$2.9 Billion
According to Makerburn data, MakerDAO has once again increased its RWA assets by $191 million through Monetalis Clydesdale and BlockTower Andromeda over the past two days. Among them, Monetalis Clydesdale increased RWA assets by $97 million, and BlockTower Andromeda increased RWA assets by $94 million. In addition, the current protocol's total RWA assets exceed $2.9 billion.
The MakerDAO Community Launched a New Implementation Proposal, Proposing to Change the Stability Fee, Increase the Maximum Debt Limit, etc.
MakerDAO has initiated a new executive proposal suggesting changes to stability fees and adjustments to the maximum debt ceiling.The stability fee adjustments include: increasing the ETH-A stability fee from 3.58% to 3.70%; increasing the ETH-B stability fee from 4.08% to 4.20%; and increasing the ETH-C stability fee from 3.33% to 3.45%.
Maker launches new implementation proposals, including stability fee changes, maximum debt limit increase, etc.
MakerDAO has initiated a new execution proposal, including stable fee changes: ETH-A stable fee increased from 3.58% to 3.70%; ETH-B stable fee increased from 4.08% to 4.20%; ETH-C stable fee increased from 3.33% to 3.45%.
The maximum debt limit will increase from 0 DAI to 120 million DAI; the target available debt will increase from 0 DAI to 50 million DAI; the cooldown time for limit increases will be set to 24 hours.
Spark Protocol D3M (DIRECT-SPARK-DAI) maximum debt limit will increase from 200 million DAI to 400 million DAI; the cooldown time for Spark Protocol D3M limit increases will be extended from 8 hours to 12 hours.
The debt limit for Fortunafi Treasury will be reduced from 15 million DAI to 0 DAI, and other content.
Affected by Us Regulations, MakerDAO Has Banned Us IP Through Governance Decisions
On September 13th, at Token 2049, Rune Christensen, co-founder of MakerDAO, discussed the impact of US regulation. MakerDAO has implemented a governance decision to ban US IP addresses from accessing its UI product. He also stated that MakerDAO is committed to eliminating any dependence on development companies to ensure the sustainability of the protocol over time.
The MakerDAO Community Proposes To Allocate Up to $100 Million To Develop and Experiment With Tokenized U.S. Treasury Bond Products
MakerDAO community has proposed allocating up to $100 million in funding for the development and testing of tokenized US Treasury bills (T-Bill) products, including T-Bills collateralized with Flux fDAI and frictionless products such as Maple Cash USDC, as well as long-term products such as Backed Finance's bIB01 and bIBTA.
MakerDAO Once Again Adds $50 Million in RWA Assets via BlockTower Andromeda
On September 8th, according to Makerburn data, MakerDAO added $50 million in RWA assets through BlockTower Andromeda, mainly invested in short-term US government bonds with an annualized interest rate of 4.5%. In addition, the current protocol's total RWA assets have reached $2.513 billion.
MakerDAO Founder: NewChain Has Not Yet Chosen Which Code Base to Base on, It Is Just a Survey
Rune Christensen, the founder of MakerDAO, stated in an interview that "NewChain has not yet chosen to adopt the Solana or Cosmos codebase, only conducting investigations; the Maker Dao structure is divided into SubDAO, which requires effective operation in the direction of multiple tokens. Regarding the second phase SubDAO of Endgame, there will be various business models for SubDAOs in various fields such as Web3 cultural communities and RWA. Our goal is to make the DAO itself a sustainable ecosystem."
Solana and MakerDAO Joint Creation Call for an End to Attacks on Ethereum, Warning the Community Against Divisive Behavior
Anatoly Yakovenko, co-founder of Solana, and Rune Christensen, co-founder of MakerDAO, warned their communities on the X (formerly Twitter) platform to stop attacking Ethereum and to avoid any behavior that would cause division within their own communities.
Hackers Who Previously Attacked MEV Robots Transferred More Than 7.3 Million DAI to MakerDAO
On September 2nd, according to SlowMist monitoring, the hacker who made tens of millions of dollars by attacking the MEV robot in April transferred 7,317,799 DAI to MakerDAO.
MakerDAO founder: Will reconstruct the Maker protocol on the new chain NewChain
On September 1st, MakerDAO founder Rune Christensen published an article titled "Exploring the NewChain-based Solana Codebase Fork." Rune stated that he will be rebuilding the entire Maker protocol in the final stage of Endgame and releasing it on a new, independent chain currently codenamed NewChain. Rune further stated that the final stage of Endgame is a significant long-term project that may take at least three years. The most important reason for using New Chain is that it will allow the ecosystem to quickly and seamlessly recover from the most severe governance attacks or technical failures.
Maker (MKR) Token Jumps Over 10% as MakerDAO Turns Profitable Again
The Maker (MKR) governance token of DeFi lender MakerDAO saw a 10% increase in value on Thursday, despite the broader cryptocurrency market experiencing a 3.5% decline. MakerDAO's profitability has improved due to the platform's recent overhaul, which includes investing stablecoin reserves in real-world assets and lending to banks for higher yields. The platform's profits are being used to benefit MKR holders through a token buyback scheme. The Maker-adjacent lending platform Spark has also experienced growth, nearing an all-time high of $700 million in total value locked.
The Founder of MakerDAO Exchanged 215,000 DAI for 211.61 MKR
According to Spot On Chain monitoring, it was reported by Jinse Finance that Rune Kek, the founder of MakerDAO, exchanged 215,000 DAI for 211.61 MKR at an average price of $1,016 7 hours ago. The total purchase amount in the past 4 days was 409.06 MKR at an average price of $1,015.
MakerDAO Repurchases Open Again, With $55.8 Million Left in the Treasury
According to Makerburn data, on August 28th, MakerDAO recently made a profit of over $7.45 million by selling $125 million RWA asset Monetalis Clydesdale. The current treasury balance is $55.8 million, and the part exceeding $50 million ($5.8 million) will be used to buy back MKR and add it to Uniswap V2 with DAI. MakerDAO started the buyback two days ago.
A Giant Whale Exchanged 2,720 WETH for 4.49 Million DAI in the Past Two Days and Deposited It in MakerDAO
According to Spot On Chain monitoring, a whale address starting with 0x562 sold 2720 WETH in the past two days in exchange for 4.49 million DAI. Then the whale deposited the 4.49 million DAI into MakerDAO, which currently offers a 5% interest rate.
MakerDAO Founder Bought 197.5 MKR at an Average Price of $1013
According to Spot On Chain monitoring, RuneKek, the founder of MakerDAO, exchanged 200,000 DAI for 197.5 MKR at an average price of $1,013 about 21 and 12 hours ago. It is worth noting that there are usually large fluctuations after each purchase by the founder.
MakerDAO Adds $50M in RWA Assets via BlockTower Andromeda
August 24th, according to makerburn data, MakerDAO added $50 million of RWA assets through BlockTower Andromeda, mainly investing in short-term US Treasury bonds.
Currently, the total RWA assets in MakerDAO are about $2.537 billion, of which Monetalis Clydesdale accounts for $1.139 billion and BlockTower Andromeda accounts for $652 million.
Justin Sun redeemed 146.13 million DAI from MakerDAO
PeckShieldAlert has monitored that Justin Sun redeemed 146.13 million DAI from MakerDAO and exchanged it for 16.86 wstETH. Justin Sun's related address 0xBCb7 redeemed 59.9 million DAI from MakerDAO and exchanged it for 67,000 wstETH.
