Maker

Spark has activated wstETH rewards in collaboration with Lido Finance. 20 wstETH will be distributed to all ETH market suppliers for 30 days, starting January 14.

Spark has deployed a 400-million extension, increasing their maximum debt ceiling to 1.2 billion DAI. This allows for a new seamless flow of DAI to be borrowed at predictable rates through direct injections from the Maker Protocol. The borrow rate for DAI at Spark currently remains steady and predictable at 5.53%.

Maker Governance has approved a credit line extension of 400 million DAI for @sparkdotfi. This will raise Spark's debt ceiling to 1.2 billion DAI. The borrow rate for DAI at Spark remains steady at 5.53%.

Maker Governance has approved the first Executive Vote of the year, implementing changes such as activating SparkLend Freezer Mom, replacing the DAI Oracle, freezing GNO, and increasing the SparkLend D3M Maximum Debt Ceiling. Transfers will be made for Aligned Delegate Compensation, derecognized Aligned Delegate Buffer Payments, Legacy Agreement MKR Distributions, and Launch Project Funding. Additionally, the RWA Agreement will be updated.

Users are warned about scammers pretending to be Spark. Only one official Twitter account and website exist. Users should not click on any email links related to Maker or Spark products. Official updates will be published on the MakerDAO and Spark Twitter accounts. The SPK token airdrop is not available for US users or those using VPNs.

The Maker community has issued an important notification regarding recent developments involving a malicious attack on an npm package used by many dApps. Users are advised to stay informed through official channels and regularly verify with vault providers to secure their funds. Caution is advised when using dApps.

Maker Protocol has deposited 528 million DAI into Spark, increasing its credit line to 800 million DAI. Maker anticipates earning 27.1 million DAI annually from Spark's credit line, making it Maker's top-earning crypto-native vault.

The final Executive Vote of the year is now live on the Maker Governance portal. MKR holders and delegates have the opportunity to vote on various changes including decreasing the PSM-GUSD-A Debt Ceiling, increasing the Coinbase Custody (RWA014-A) Debt Ceiling, decreasing the WBTC-A, WBTC-B, and WBTC-C Stability Fee, optimizing the Smart Burn Engine parameters, approving an RWA Foundation Dao Resolution, and more.

It has been discovered that artificial intelligences (AIs) now have the ability to run decentralized autonomous organizations (DAOs). This breakthrough allows for greater efficiency and automation in the management of DAOs, potentially revolutionizing the way these organizations operate.

A new set of parameter changes has been proposed in the Maker Forum by @BlockAnalitica. The changes include decreasing the Yield Collateral Yield Benchmark, Stability Collateral Benchmark Yield, Base Rate, Dai Savings Rate (DSR), WBTC-A Stability Fee, WBTC-B Stability Fee, WBTC-C Stability Fee, and reducing the PSM-GUSD-A Debt Ceiling while increasing the RWA014-A (Coinbase Custody) Debt Ceiling.