MakerDAO Purchased Another $50 Million in RWA Assets, and Its Total RWA Assets Exceeded $3.3 Billion
MakerDAO increased its RWA assets by another $50 million through BlockTower Andromeda on October 21, as shown by makerburn.com data. Currently, the protocol's total RWA assets are approximately $3.327 billion.
Scam Sniffer: A user lost $367,000 to a phishing scam 4 hours ago
According to Scam Sniffer, about 4 hours ago, a user (with an address starting with 0x1797) lost $367,000 worth of USDC and DAI due to a cryptocurrency phishing scam. The victim approved token permissions by signing an "increaseAllowance" transaction for the fraudster.
Low-Carb-Crusader Exchanged 7287.44 wstETH for 13 Million DAI
PeckShield monitored that Low-carb-crusader exchanged 7287.44 wstETH for 13 million DAI and burned it.
Lowcarb-crusader exchanged 600wstETH for 1.08 million DAI
PeckShieldAlert has monitored that Lowcarb-crusader has exchanged 600wstETH for 1.08 million DAI.
Spark Protocol TVL Exceeds $500 Million
According to DefiLlama data, MakerDAO's lending protocol Spark Protocol TVL has surpassed $500 million, reaching $504 million.
Spark Protocol TVL Breaks $500 Million
According to DefiLlama data, on October 18th, the lending protocol Spark Protocol, owned by MakerDAO, surpassed $500 million in TVL, reaching $504 million. Previously reported on August 7th that MakerDAO had passed and implemented proposals to increase the debt ceiling of Spark Protocol.
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.
Mixin Network’s Losses Included Nearly $100 Million in ETH, and Both DAI and BTC Exceeded $23 Million
On September 25th, according to pictures released by PeckShieldAlert, the assets lost in the Mixin Network vulnerability exploitation included nearly $100 million worth of ETH, DAI, and BTC, with each exceeding $23 million. The total value is around $140 million.
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.
Analysis Shows Some Dollar-Pegged Stablecoins More Prone to Depegging Than Others
According to analysts at S&P Global, some dollar-pegged stablecoins are more prone to depegging than others, with Circle's USD Coin (USDC) and MakerDAO's Dai (DAI) being the most susceptible. A research paper from September examined the valuation and depegging of five leading stablecoins, including Tether (USDT), Binance USD (BUSD), Paxos (USDP), USDC, and DAI.
An Address Suffered a Phishing Attack and Lost $266,000 in USDC and DAI
According to Scam Sniffer monitoring, an address suffered a phishing attack 7 hours ago, resulting in a loss of approximately $266,000 worth of USDC and DAI.
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."
Cream Finance Attacker Converted 500,000 DAI Into 306.58 ETH and Transferred It to TradeOgre
According to PeckShield monitoring, the attacker of Cream Finance exchanged 500,000 DAI for 306.58 ETH and transferred it to TradeOgre. The address currently holds cryptocurrencies worth $6.85 million, including 4,163.8 ETH and 104,000 DAI.
Stablecoin Protocol Raft Releases V2 Version, Stablecoin R Has a Fixed Annual Interest Rate of 6%
Raft, a collateralized stablecoin protocol based on stETH, has released version 2, introducing a fixed annual interest rate of 6% for stablecoin R. At the same time, a PSM module has been launched to promote mutual exchange between DAI and R at a fixed rate to maintain the exchange rate of R.
