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 temporary fee increase to prepare for ‘potential Dai demand shock’
ADOPTION NEWS

MakerDAO implements temporary fee increase to prepare for ‘potential Dai demand shock’

By Crypto FlexsMarch 9, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
MakerDAO implements temporary fee increase to prepare for ‘potential Dai demand shock’
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

MakerDAO implemented temporary changes to fees to strengthen its protocol as holdings of the dollar-pegged stablecoin dai decline due to a period of “increased volatility and bullish sentiment.”

This proposal follows Dai supply plummeting from $5 billion to $4.4 billion last week. According to the proposal, a member of BA Labs: maker MSEK

+16.29%
Stability Advisory Committee. Dai remains overcollateralized, but some of that collateral is placed in real-world asset (RWA) vehicles, which could lead to a potential liquidity crisis if more Dai selling continues.

“Liquid stablecoin reserves and reserves deployed in RWA are sufficient to sustain the increasing pressure arising from potential bullish market sentiment,” the proposal reads. “The problem lies in the liquidity crisis inherent in exposure to stablecoins distributed through RWA.”

Changes have been approved which will take effect from tomorrow to stabilize the proposals., on March 10, includes increasing the Dai savings rate from 5% to 15% and increasing the core vault stability fee by approximately 9-10% respectively. Changes are also being implemented in Spark. die

+0.15%
Effective borrowing APY and peg stability modules.

The changes are temporary, but there appears to be no automatic mechanism for returning fees. Blockchain research and development company GFX Labs claimed on the proposal’s talk page that the changes are “directionally correct”, but the company believes “…the scope of the move is quite large for a single task, leading to market confusion and confusion.” do.”


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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

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

Jiuzi Holdings, Inc. Partners With SOLV Foundation On $2.8B TVL Bitcoin Initiative To Advance Crypto Treasury Strategy

October 27, 2025

Why Elon Musk’s SpaceX transferred $133 million in Bitcoin

October 27, 2025

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 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

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
Most Popular

Blockchain interoperability project Analog raises token round at $120 million valuation

February 13, 2024

Ethereum News Today: Is Solana’s Move Against MEV ‘Exaggerated’?

June 10, 2024

Cryptocurrency in red after Israeli missile reportedly hits Iran

April 19, 2024
  • 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.