Felix Nash

[Sky @SkyEcosystem]

Maker Governance approved the onboarding of rETH as a collateral asset in Spark Protocol.

🗳️ https://t.co/NCH5rMTwIf

With over 73K MKR in favor, the respective Governance Poll approves the rETH (@Rocket_Pool ETH) incorporation into Spark Protocol with the following parameters:

[Sky @SkyEcosystem]

• LTV: 68.50%
• Liquidation Threshold: 79.50%
• Liquidation Bonus: 7%
• Liquidation Protocol Fee: 10%
• Reserve Factor: 15%
• Supply Cap: 20,000
• rETH Borrow Cap: 2,400
• rETH Flashloanable: Yes
• E-Mode: ETH Category

[Sky @SkyEcosystem]

These changes will be included in an upcoming Executive Vote for deployment.

For a complete understanding of this proposal, please check the original forum post in the Maker Forum:

↓

https://t.co/aqvUSmLZhC

[Sky @SkyEcosystem]

Maker Governance approved the Spark D3M debt ceiling increase.

🗳️ https://t.co/A9ofuX0T1Z

With over 73K MKR in favor, the respective Governance Poll approves increasing Spark Protocol's D3M from 5 million to 20 million DAI.

[Sky @SkyEcosystem]

Phoenix Labs suggested changing Spark's borrowing rate strategy to match the DSR in a parallel proposal, which also gained the approval of Maker Governance with over 73K MKR in support.

🗳️ https://t.co/jZBFM4Ij3A

[Sky @SkyEcosystem]

These changes will be included in a future Executive Vote for their respective deployments.

To stay tuned with the latest updates and proposals, please check the Maker Forum:

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https://t.co/P5EVqKvIxU

[Empire 🟪 @theempirepod]

New episode with @RuneKek on MakerDAO's Endgame

The Endgame includes: @MakerDAO's rebrand, SubDAOs with native tokens, AI tools and a new app-specific blockchain

Why take this huge risk? Tune in!

→https://t.co/1wCmIcuWkj
→https://t.co/8dnkO8Lczy
→https://t.co/yeFAO2TJIT

[Sky @SkyEcosystem]

Spark Protocol is live at https://t.co/SgPD7uamCM ⚡

[Sky @SkyEcosystem]

Following the latest updates from @BlockAnalitica, several parameter changes are being submitted for voting to different MakerVault types:

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[Sky @SkyEcosystem]

• RETH-A Stability Fee to 3.74%

• CRVV1ETHSTETH-A Stability Fee to 4.24%

• WBTC-A Stability Fee to 5.80%

• WBTC-B Stability Fee to 6.30%

• WBTC-C Stability Fee to 5.55%

• RETH-A Debt Ceiling to 50 million DAI.

• RETH-A DC-IAM gap to 5 million DAI.

[Sky @SkyEcosystem]

For a complete understanding of these proposed changes, please refer to the original post in the Maker Forum:

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https://t.co/AeNnxevjVr

[Sky @SkyEcosystem]

Maker Governance determines whether to approve or reject adding BlockTower Andromeda (RWA015) as a new vault type in the Maker Protocol.

🗳️ https://t.co/e2jcNzKXM5

[Sky @SkyEcosystem]

BlockTower Capital Advisors LP plays a crucial role in Project Andromeda as the Arranger.

They aim to oversee and direct the assets in the TACO Account, following guidelines and instructions provided by TACO.

[Sky @SkyEcosystem]

For a deeper understanding of this proposal please check the respective assessments published in the Maker Forum:

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https://t.co/YXVtWTB9iu & https://t.co/5lSev0kbiM

[Sky @SkyEcosystem]

Good news for DAI holders:

The DSR increase goes up to 3.49%

In the latest Maker Forum update from @BlockAnalitica on the Stability Scope Parameter Changes, they updated the Dai Savings Rate increase to 3.49%

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https://t.co/AeNnxevjVr

[Sky @SkyEcosystem]

The DSR raise will be implemented in an upcoming Executive Vote for deployment through the Maker Governance system.

[Sky @SkyEcosystem]

To stay updated on the news regarding changes and proposals, please check the latest posts on the Maker Forum:

↓

https://t.co/P5EVqKvIxU

[Sky @SkyEcosystem]

Maker Governance votes on the PSM-USDP-A debt ceiling reduction to 0 DAI.

🗳️ https://t.co/r2Vj9NT1kd

Below, you will find the rationale behind this proposal as outlined by @BlockAnalitica.

[Sky @SkyEcosystem]

USDP is expected to gradually decrease in the PSM via arbitrage and RWA usage.

Forced liquidation of USDP from the PSM is deemed unnecessary due to potential costs.

The goal of this proposal is to prudently manage USDP exposure.

[Sky @SkyEcosystem]

The vote ends on Thursday, June 1st at 16:00 UTC. If approved, this change will be included in an upcoming Executive Vote for deployment.

To get a complete understanding of this proposal, please check the original post in the Maker Forum:

↓

https://t.co/3lIXzlfNio