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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%.

The maximum debt ceiling proposal suggests raising it from 0 DAI to 120 million DAI; the target available debt will increase from 0 DAI to 50 million DAI; and the cooldown time for increasing the ceiling will be set to 24 hours. The maximum debt ceiling for Spark Protocol D3M (DIRECT-SPARK-DAI) will be increased from 200 million DAI to 400 million DAI; and the cooldown time for increasing the ceiling for Spark Protocol D3M will be extended from 8 hours to 12 hours. The debt ceiling for Fortunafi Treasury will be reduced from 15 million DAI to 0 DAI, and other changes will also be made.

Ethereum Ethereum $3,068.39
-4.63%
MakerDAO
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