Cointime

Cointime

Download App
iOS & Android
Home / Projects

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 $4,492.58
-2.88%
MakerDAO
Comments

All Comments

Recommended for you

  • FIFA President announces 'FIFA Coin' initiative

    Gianni Infantino, President of FIFA, announced the "FIFA Coin" plan at a White House summit, hoping to launch their own cryptocurrency. The aim is to leverage the $170 billion football industry and the 5 billion global football fans. They will invite cryptocurrency experts to collaborate and help realize this project.

  • Argo Blockchain Signs $40 Million Financing Agreement to Support M&A Transactions

    Argo Blockchain, a bitcoin mining company listed on Nasdaq, has announced that it has signed a $40 million senior secured convertible loan agreement, with an initial financing amount of $15 million and the remaining $25 million to be completed in the next 18 months. Three multinational institutions have invested (specific institution names have not been disclosed) and will join the Argo board. The new funds will be used to expand its mining facility in Baie Comeau, strengthen the balance sheet, and conduct a series of potential merger and acquisition transactions.

  • Binance will adjust the collateral ratio of BCH, XTZ and other assets

    According to the official announcement of Binance, Binance will update the collateral ratios of various assets under the investment portfolio margin mode on March 7, 2025 at 06:00 (UTC). The update process is expected to last about an hour. The specific adjustments are as follows: The collateral ratios of BCH, XTZ, and MANA will be reduced from 85% to 75%; The collateral ratio of ONE will be reduced from 80% to 70%; The collateral ratios of BAT and DENT will be reduced from 80% to 65%. Please note that the collateral ratio adjustments will affect the unified maintenance margin rate (uniMMR), and users need to pay close attention to avoid potential liquidation risks.

  • DeepSeek open-sources and releases 3FS, a high-speed parallel file system that optimizes AI data access

    On the fifth day of Open Source Week, its Fire-Flyer file system (3FS) was officially open sourced. As a high-performance parallel file system, 3FS can fully utilize modern SSDs and RDMA networks to achieve high-speed data access, improving the efficiency of AI model training and inference.

  • Hong Kong to allocate HK$1 billion to set up artificial intelligence research institute

    The Hong Kong SAR Government will allocate HK$1 billion to establish an artificial intelligence research institute.

  • 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.

  • 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.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company