MakerDAO Purchased Another US$50 Million in RWA Assets. The Current Total Assets of RWA Are Approximately US$3.377 Billion.
According to Makerburn data, MakerDAO has once again added $50 million in RWA assets through BlockTower Andromeda today, and the current total RWA assets of the protocol are approximately $3.377 billion.
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.
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.
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.
