Cointime

Download App
iOS & Android

The MakerDAO community has passed a proposal to increase the Spark MetaMorpho Vault DDM debt ceiling to 1 billion DAI

MakerDAO community passed a proposal to increase the Spark MetaMorpho Vault DDM debt ceiling to 1 billion DAI. It is reported that the Maker protocol will execute operations such as increasing the delay in suspending the Governance Security Module (GSM) to 30 hours, and raising the maximum debt ceiling of the Spark MetaMorpho Vault DDM to 1 billion DAI.

Comments

All Comments

Recommended for you

  • Binance Futures will launch U-based and Coin-based quarterly 0627 delivery contracts

    Binance Futures will launch the following quarterly 0627 delivery contracts for U-based and coin-based contracts within a few hours after the expiration of the quarterly 1227 delivery contracts on December 27 at 16:00 U.
  • Binance to Launch MORPHO and CHILLGUY USDT Perpetual Contracts

    Binance futures platform will launch perpetual contracts with a maximum leverage of up to 75 times at the following times:
  • Coinbase International has launched COW perpetual contracts

     Coinbase International has launched COW perpetual contracts. COW-PERP market limit, market, stop loss, and stop loss limit orders are now all available.
  • Binance will delist GFT, IRIS, KEY, OAX, and REN

     Binance will delist the following trading pairs on December 10, 2024: GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. Additionally, Binance Futures will close all positions and automatically settle the KEYUSDT and RENUSDT USDⓈ-M perpetual contracts on December 3, 2024 at 09:00 (UTC). After the settlement is completed, the contracts will be delisted.
  • XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22

    On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8).
  • Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts

     Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC).
  • Lido is preparing a blockchain identity verification platform codenamed "Y" to compete with World Network

    According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud.
  • The country's first digital RMB-based intellectual property securitization product was successfully issued

    "Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project.
  • APT breaks through $9.5

    market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control.
  • MakerDAO co-founder: DeFi front-end may need a license to operate in Europe

    Rune Christensen, co-founder of MakerDAO, has warned that the EU's specific interpretation of the MiCA regulations could lead to a disruption of DeFi development. Christensen stated that there are reports that financial regulatory authorities in Europe may require every DeFi frontend in the region to register and operate under a license. He is concerned about the potential impact of this decision and stated that "it would make DeFi frontends based on regular internet domain names unfeasible." Additionally, Christensen explained in detail that only decentralized or locally downloaded frontends can operate, as well as those that adopt KYC measures and procedures.