MakerDAO Has Executed Proposals Through “Enhanced DSA Activation, Spark Protocol Debt Ceiling Increase, and More”

Odaily Planet Daily News According to the MakerDAO governance page, at 00:47 on August 5th, Beijing time, the MakerDAO community voted to approve "Enhanced DSA activation, Spark Protocol debt ceiling increase, RWA treasury update, AVC member compensation in the second quarter of 2023, Monetails Clydesdale's DAO Resolution, Launch Project Funding, Spark Proxy Spell Execution" executive proposal. The proposal was implemented at 00:49 on August 7, Beijing time. It is reported that in addition to raising the DAI deposit interest rate to 8%, other major changes in the agreement include: -The maximum debt limit of the Spark Protocol direct deposit module has been increased from 20 million DAI to 200 million DAI; - The RWA004-A debt ceiling has been reduced from 7 million DAI to 0 DAI, and the RWA002-A protocol has been updated; -134.1 MKR distributed to AVC members; - MakerDAO approves the DAO resolution with IPFS hash value QmaGTVioBsCPfNoz9rbW7LU6YuzfgqHDZd92Hny5ACfL3p; - Transferred 2 million DAI to 0x3C5142F28567E6a0F172fd0BaaF1f2847f49D02F as part of the Endgame launch project; -Spark Protocol updated the DAI interest rate strategy and lowered the DAI market loan-to-value ratio (LTV) from 74% to 0.01%, the DAI liquidation threshold from 76% to 0.01%, and the WETH market reserve ratio from 15% to 5%, WETH's variableRateSlope1 has been reduced from 3.8% to 3%.