July 3 (Cointime) - The MakerDAO risk core unit team recently released the proposal "Introduction to Smart Burn Engine and Initial Parameters" in the community. Allocate excess Dai in the reserved Surplus Buffer (surplus buffer). The difference between the smart burn engine and the previous burn design is that MKR tokens will be accumulated in the form of Uniswap V2 LP tokens instead of being acquired and burned. Additionally, Surplus Auctions (Flaps) will be replaced by Dss Flappers contracts.

The specific parameters are changed to change the upper limit of 250 million in the treasury to 50 million DAI. When there are more than 50 million flapper.bump DAI in the Surplus Buffer, the smart destruction engine will be activated, which will use the DAI of the Surplus Buffer regularly. In order to buy MKR tokens from the Univ2 DAI/MKR market.

MKR will then be matched with additional DAI from Surplus Buffer and offered to the same marketplace. In return, Makers will receive LP tokens, which will be transferred to a protocol-owned address. This system will increase MKR’s on-chain liquidity over time. Market action will only occur if the slippage is less than the amount allowed by flapper.want.