Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»MakerDAO implements emergency measures amid market volatility
ADOPTION NEWS

MakerDAO implements emergency measures amid market volatility

By Crypto FlexsMarch 9, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
MakerDAO implements emergency measures amid market volatility
Share
Facebook Twitter LinkedIn Pinterest Email

MakerDAO has approved an executive vote on significant changes in response to market conditions, aimed at stabilizing the DAI peg and improving the resilience of the protocol.

Amid the turbulent cryptocurrency market, MakerDAO, the organization behind the popular stablecoin DAI, announced the approval of an accelerated executive vote. This decisive action was taken in response to recent market volatility and the potential for a surge in demand for DAI. This vote introduces several temporary measures to strengthen the stability of DAI and the underlying protocol.

Stability in the Face of Volatility

Known for its strong overcollateralization support system, the Maker Protocol has been working effectively to maintain its goal of a 1:1 peg between DAI and the US dollar. However, the prompt proposal and subsequent vote reflect a proactive stance to prevent temporary market instability. Proposed changes include increasing stabilization fees for collateral assets such as ETH and WBTC, increasing SparkLend DAI leveraged Annual Yield (APY), and adjusting the Peg Stabilization Module (PSM) for better USDC deposit and DAI issuance throughput.

Key adjustments and their impact

Stability fees for various Maker Vaults will increase significantly.

ETH-A Stability Fee: 15.25%

ETH-B Stability Fee: 15.75%

ETH-C Stability Fee: 15%

WSTETH-A Stability Fee: 16.25%

WSTETH-B Stability Fee: 16%

WBTC-A Stability Fee: 16.75%

WBTC-B Stability Fee: 17.25%

WBTC-C Stability Fee: 16.5%

These adjustments are designed to discourage excessive borrowing and maintain the stability of DAI during periods of high demand.

The Dai Reserve Rate (DSR) will be increased to 15% to encourage DAI holdings and curb downward price pressure. Additionally, the Governance Security Module (GSM) pause delay has been reduced from 48 hours to 16 hours, enabling more agile governance decisions.

Understand the background and future plans

The urgency of this proposal is highlighted by the fact that Peg Stability Module reserves have been depleted, falling below $320 million. Additionally, approximately $1.1 billion in real assets (RWAs) may be redeemed, subject to daily limits, with the potential for processing delays. The proposed measures are temporary, with plans to return to standard operations once market conditions stabilize.

At the same time, the BA Labs team is devising a medium-term strategy to strengthen PSM holdings as part of the Stability Scope Advisory Committee.

Governance and Execution

After approval by executive vote, changes will be implemented within 48 hours. MKR holders and representatives participated in the decision-making process through the Maker governance portal. MakerDAO highlights its commitment to transparency with real-time monitoring of protocol reserves available on the MakerBurn dashboard and encourages the community to stay informed through official channels.

Professional and engaging reporting

As we continue to monitor developments in the MakerDAO ecosystem and the broader cryptocurrency market, our reporting remains factual and insightful. We strive to provide our readers with the most up-to-date and important updates to ensure a comprehensive understanding of the evolving landscape of blockchain and digital currencies. MakerDAO’s recent moves serve as a testament to the community’s ability to quickly adapt to market changes and strengthen the resilience of decentralized finance protocols.

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Acre Launches V2 Platform, Enabling Bitcoin Holders To Earn 14% APY (est.) From Self-Custody

October 29, 2025

BitcoinOS $BOS Token Is Live On Binance Alpha And Top Tier CEX Listings, Advancing Institutional BTCFi

October 29, 2025

MEXC Maintains Strong Financial Stability With Over 100% Proof Of Reserve Across Major Assets

October 29, 2025

Australia provides clarity on cryptocurrency regulation with new guidelines

October 29, 2025

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025

Swiss Bitcoin App Relai Acquires MiCA License In France

October 27, 2025

Tapzi Presale Gains Traction with DeepSnitch AI and Bitcoin Hyper

October 27, 2025

The first extension for Solana developers

October 27, 2025

River Public Sale – 48-Hour Dutch Auction Lowest Price Settlement, Claim And Refund Instantly After End

October 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Acre Launches V2 Platform, Enabling Bitcoin Holders To Earn 14% APY (est.) From Self-Custody

October 29, 2025

BitcoinOS $BOS Token Is Live On Binance Alpha And Top Tier CEX Listings, Advancing Institutional BTCFi

October 29, 2025

MEXC Maintains Strong Financial Stability With Over 100% Proof Of Reserve Across Major Assets

October 29, 2025
Most Popular

Why Ethereum Traders Are Watching ETH/BTC Charts Closely — Spoiler Alert, I’m Bullish

November 9, 2024

Re.al launches blockchain platform for RWA, CEO opinion on tokenization

May 20, 2024

Thorchain pauses BTC and ETH withdrawal during restructuring. Rune prices decrease by 37%.

January 24, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.