The Maker community proposed adjusting multiple vault type parameters and plans to reduce the DSR to 6%
Maker announced in a post that the Block Analitica team proposed adjustments to various vault type parameters, which will be considered in the upcoming voting. The proposed changes are as follows:
BlackRock BUIDL and Ondo and other issuers plan to apply for MakerDAO's $1 billion Treasury bond tokenization plan
On July 13th, according to CoinDesk, BUIDL, Superstate, and Ondo Finance, all under BlackRock, plan to apply for MakerDAO's $1 billion national debt tokenization plan. Previously, MakerDAO announced the official launch of the Spark Tokenization Grand Prix, with the goal of tokenizing $1 billion of real-world assets (RWA) and introducing them to MakerDAO. The competition is open to all innovators and issuers, with selected partners receiving up to $1 billion in liquidity support.
CoinStats security incident compromised wallet Blurr.eth stole $8.7 million in MKR
According to Chain analyst Yu Jin, CoinStats was attacked last night and hackers sent notifications containing phishing links to users through the application. Approximately 1,590 wallets were affected. The wallet belonging to Blurr.eth was possibly the most affected: it was stolen 3,657 MKR ($8.7 million) and the hackers sold it on the chain for 2,482 ETH. This caused the MKR price to drop from $2462 to $2280, a short-term drop of 7%.
Maker multi-signature address sold 13,138 MKR via Wintermute in the past month and a half
According to blockchain analyst Yu Jin's monitoring, in the past one and a half months, the multi-signature address (0xbba...5d8) belonging to Maker labeled by Nansen continued to sell 13,138 MKR ($37.95 million) through Wintermute.
2 New Wallets Withdraw 2,677 MKR from Coinbase
The Data Nerd reported that yesterday, two new wallets withdrew 2,677 MKR (about $7.13 million) from Coinbase. Specifically:
An address received 700 MKR from the Maker multi-signature address again
According to on-chain analyst @ai_9684xtpa's monitoring, address 0x1cC received 700 MKR again from Maker's multi-signature address and then deposited it into Binance, worth $2.05 million. From April 24th to May 4th, a total of 2200 MKR worth $6.26 million has been received from Maker.
A whale deposited 1,140 MKR into Coinbase, losing about $1.1 million
According to The Data Nerd, 13 hours ago, Whale 0x154 deposited 1140 MKR (approximately 2.95 million US dollars) into Coinbase. One month ago, he accumulated these tokens at an average entry price of 3,560 US dollars. If he sells at the current price, he will lose approximately 1.1 million US dollars.
A whale sold 1,575 MKR on the chain, with an estimated profit of about $330,000
According to on-chain analyst Yu Jin's monitoring, a whale sold 1575 MKR for 4.85 million USDT at a price of 3083 US dollars on the chain an hour ago, and then transferred it to Binance. It is reported that these MKRs were bought by the whale at an average price of 2871 US dollars in March, with an expected profit of 330,000 US dollars (+7%).
Maker has voted to approve the proposal to allocate 600 million DAI to USDe and sUSDe and has implemented it
MakerDAO voted to approve a series of implementation proposals, including the "Spark MetaMorpho Vault DDM Maximum Debt Ceiling" proposal. According to the proposal, the maximum debt ceiling for SparkMetaMorphoVaultDDM will increase to 1 billion DAI, with an initial allocation of 600 million DAI. One proposal aims to allocate up to 600 million DAI to the USDe and its collateralized version sUSDe pool (with priority given to the USDe pool). Later, the SparkX platform announced that after MakerDAO's debt ceiling was increased to 1 billion DAI, Spark successfully allocated an additional 100 million DAI to the USDe/DAI and sUSDe/DAI markets on Morpho Blue. According to BA Labs' risk assessment, Spark is expected to limit the maximum amount of allocation based on its proposal to 600 million DAI. Therefore, Spark proposed to redistribute another 100 million DAI.
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.
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.
A giant whale took out 1,000 MKR from Aave and sold them in batches, worth $2.88 million
According to on-chain analyst ai_9684 data, a whale once sold 9,600 ETH at an average price of $1,811 in November 2023. In the past four hours, the whale withdrew 1,000 MKR from Aave and sold them in batches (worth $2.88 million) at a selling price of $2,880, with the current price of MKR at $3,038.
MakerDAO Lianchuang once again increased its holdings of US$400,000 in SHIB 12 hours ago
After MakerDAO co-founder Rune Christensen attempted to buy SHIB on March 1st, SHIB rose by 50% on March 2nd, as monitored by @EmberCN. Therefore, Rune continued to buy 4 million SHIB (17.6 billion SHIB) with 400,000 USDC 12 hours ago, and SHIB rose by 20% a few hours later. Rune has currently spent 500,000 USDC to purchase 25 billion SHIB at an average price of $0.00002.
Maker will hold a vote to adjust multiple parameters such as stable rates and yields.
Maker plans to introduce a new set of parameter adjustments through an executive vote in the Maker protocol. These adjustments include:1. Stable fee adjustments• Reduce the ETH-A stable fee from 6.74% to 6.41%;• Reduce the ETH-B stable fee from 7.24% to 6.91%;• Reduce the ETH-C stable fee from 6.49% to 6.16%, etc.2. Yield benchmark parameter adjustments• Lower the yield benchmark for collateral from 5.45% to 5.43%;• Increase the yield benchmark for stable collateral from 0.87% to 1.74%;3. Basic interest rate adjustments• Increase the basic interest rate from 4.05% to 4.23%.4. Dai Savings Rate (DSR) adjustments• Increase the Dai Savings Rate (DSR) from 3.80% to 3.98%.5. Enhanced Dai Savings Rate (EDSR)• The DSR utilization rate is still at level one, and the Enhanced Dai Savings Rate (EDSR) and effective DSR will remain at 5%.
Maker: Spark D3M’s DAI supply exceeds 1 billion
Maker announced on X platform that the DAI supply of Spark D3M has exceeded 1 billion. According to the data, at the current issuance rate, 18,306,260 DAI are issued every day in the past week, and the debt ceiling will be reached within 11 days.
MakerDAO Lianchuang Rune has sold a total of 2,235 MKR in the past 2 days, equivalent to approximately US$4.542 million
On January 28th, Spot On Chain monitoring reported that a wallet address starting with 0xa58 (associated with MakerDAO co-founder Rune) sold 2,235 MKR at an average price of $2,032 over the past 2 days, receiving 4.542 million DAI. Currently, the wallet still holds 2,430 MKR ($4.92 million).
The MakerDAO community voted to approve the proposal to “increase the SparkLend D3M debt limit to 1.2 billion DAI”
As displayed on the governance page, the MakerDAO community voted in favor of the proposal to "increase the SparkLend D3M debt ceiling to 1.2 billion DAI", which can be executed after 8:55 am on January 14, 2024 Beijing time.
A certain whale address accumulated 7,190 MKR through scheduled investment within 9 months, with a floating profit of US$7.7 million.
According to on-chain data analyst @ai_9684xtpa, on January 11th, BlockBeats reported that forknounnoworlose36eth.eth has accumulated 7,190 MKR and gained a profit of 7.7 million US dollars through nine months of regular investment. This HODLer has been investing in MKR every month since April 2023, spending a total of 8.42 million US dollars at an average cost of 1,103 US dollars. Currently, the assets are staked in Maker and Aave at two different addresses. MKR has risen by as much as 62% in the past 30 days, and the whale's assets have grown by 4.05 million US dollars accordingly.
A certain MKR whale transferred 1,602 MKR to Binance after sleeping for three years, worth US$2.86 million.
According to Spot On Chain monitoring, a certain MKR whale transferred 1602 MKR worth $2.86 million to Binance after three years of dormancy. In 2018, the whale obtained 11082 MKR from MakerDAO. In May 2021, it transferred 4602 MKR to Binance and currently still holds 6877 MKR worth $12.27 million.
5 major addresses withdrew 17,260 MKR from CEX in the past week
During the past week, multiple whale/institutional addresses withdrew MKR from CEX, pushing the price of MKR up by 18% from $1350 to $1605 this week. Among them, five major addresses withdrew 17,260 MKR ($26.24 million) from CEX in the past week, as monitored by on-chain analyst Yu Jin.
