liquidity risks
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Maker governance portal carries out new execution voting
On March 9, it was reported that a new executive vote was being held on the Maker governance portal. If the implementation proposal is approved, the clearing parameters of CRVV1ETHSTETH-A will be adjusted as follows: increase the local clearing limit from 3 million DAI to 5 million DAI; Reduce the auction price multiplier from 1.20 to 1.10; Reduce the maximum auction duration from 8400 seconds to 7200 seconds; Increase the maximum auction withdrawal from 0.40 to 0.45. Interpretation of this information: The Maker Protocol, which is a decentralized finance (DeFi)…
