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Rabbit | Weekly Aphla | 30 July. Important DeFi News. The MakerDAO community has voted through GOV12.

Rabbit
Rabbit
Twitter
30 Jul 2023, 12:08
⚡ Rabbit | Weekly Aphla | 30 July Important DeFi News The MakerDAO community has voted through GOV12.1.2, which will introduce the Enhanced Dai Savings Rate (EDSR), to temporarily increase the effective DSR available to users in the early bootstrapping stage when DSR utilization is low, and will increase the DSR utilization as the DSR utilization rate increases. rises and gradually decreases, with a maximum value of 8%. Previously, the Dai savings rate was 3.49%. MakerDAO is now voting to raise the debt ceiling from 20M $DAI to 200M after nearly 3 months of successful growth in Spark Protocol, with TVL doubling to $52M over the past week Gains Network is set to increase $GNS's total supply by 14% in September, increasing $GNS’ revenue capture from 33% to 60%. The remaining $GNS minted will be distributed to GNS NFT owners and developers Unibot demand continues to surge, hitting all-time highs in fees, users, and token price. It has also recently hit $658k in daily fees, surpassing leading projects such as GMX and Arbitrum Optimism has introduced The Law of Chains, establishing the standards for OP governance for chains within the Superchain. Optimism is also set to integrate zk-proofs into OP chains Lido DAO teases dual governance token model, where $stETH holds veto power over proposals approved by $LDO holders BNB Chain has conducted its quarterly burn of $BNB tokens, burning 1.99M $BNB, worth $481M and reducing the circulating supply by 1.28% Camelot’s proposal on Arbitrum DAO requesting 9M $ARB over a period of 6 months, valued at about $10M, has failed, with just 30% support from the community. The proposal's main objective was to fund liquidity incentives for Arbitrum-focused projects on Camelot Alchemix has adopted Connext’s xERC20 token standard aimed at reducing bridging risks Aave DAO put up a proposal on how to split veBAL voting weight to incentivize upcoming $GHO liquidity pools Next week's Alpha 🟢 $LTC halving is estimated to take place on August 2nd 🟢Evmos 2.0 is set to launch on 2nd August 🟢Coinbase will fully sunset its Borrow program for retail customers, effective November 20th 🟢PancakeSwap and zkSync have teased a potential partnership announcement happening today 🟢$OP is set to unlock 3.56% of circulating supply worth $36.48M later today 🟢$DYDX is set to unlock 3.81% of the circulating supply worth $13.5M on August 1st Must read Arthur Hayes has published a new article "Moai" : Source: An Ape, Nasan, C^4, Wu Blockchain...

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Rabbit
RabbitRAB #2762
Telegram
30 Jul 2023, 12:55
⚡ Rabbit | Weekly Aphla | 30 July Important DeFi News MakerDAO GOV12.1.2 to increase DSR from 3.84% to maximum 8% approved Gains Network is set to increase $GNS's total supply by 14% in Sep, increasing $GNS’ revenue capture from 33% to 60%. The remaining $GNS minted will be distributed to GNS NFT owners and developers Unibot demand continues to surge, hitting all-time highs in fees, users, and token price. It has also recently hit $658k in daily fees, surpassing leading projects such as GMX and Arbitrum Optimism has introduced The Law of Chains, establishing the standards for OP governance for chains within the Superchain. Optimism is also set to integrate zk-proofs into OP chains Lido DAO teases dual governance token model, where $stETH holds veto power over proposals approved by $LDO holders BNB Chain has conducted its quarterly burn of $BNB tokens, burning 1.99M $BNB, worth $481M and reducing the circulating supply by 1.28% Camelot’s proposal on Arbitrum DAO requesting 9M $ARB over a period of 6 months, valued at about $10M, has failed, with just 30% support from the community. The proposal's main objective was to fund liquidity incentives for Arbitrum-focused projects on Camelot Alchemix has adopted Connext’s xERC20 token standard aimed at reducing bridging risks Aave DAO put up a proposal on how to split veBAL voting weight to incentivize upcoming $GHO liquidity pools Next week's Alpha 🟢 $LTC halving is estimated to take place on August 2nd 🟢Evmos 2.0 is set to launch on 2nd August 🟢Coinbase will fully sunset its Borrow program for retail customers, effective November 20th 🟢PancakeSwap and zkSync have teased a potential partnership announcement happening today 🟢$OP is set to unlock 3.56% of circulating supply worth $36.48M later today 🟢$DYDX is set to unlock 3.81% of the circulating supply worth $13.5M on August 1st Must read Arthur Hayes has published a new article "Moai" Source: An Ape, Nasan, C^4, Wu Blockchain...
Rabbit | Weekly Aphla | 30 July. Important DeFi News. MakerDAO GOV12. 2 to increase DSR from 3. 84% to maximum 8% approved.
⚡ Rabbit | Weekly Aphla | 30 July Important DeFi News MakerDAO GOV12.1.2 to increase DSR from 3.84% to maximum 8% approved Gains Network is set to increase $GNS's total supply by 14% in Sep, increasing $GNS’ revenue capture from 33% to 60%. The remaining $GNS minted will be distributed to GNS NFT owners and developers Unibot demand continues to surge, hitting all-time highs in fees, users, and token price. It has also recently hit $658k in daily fees, surpassing leading projects such as GMX and Arbitrum Optimism has introduced The Law of Chains, establishing the standards for OP governance for chains within the Superchain. Optimism is also set to integrate zk-proofs into OP chains Lido DAO teases dual governance token model, where $stETH holds veto power over proposals approved by $LDO holders BNB Chain has conducted its quarterly burn of $BNB tokens, burning 1.99M $BNB, worth $481M and reducing the circulating supply by 1.28% Camelot’s proposal on Arbitrum DAO requesting 9M $ARB over a period of 6 months, valued at about $10M, has failed, with just 30% support from the community. The proposal's main objective was to fund liquidity incentives for Arbitrum-focused projects on Camelot Alchemix has adopted Connext’s xERC20 token standard aimed at reducing bridging risks Aave DAO put up a proposal on how to split veBAL voting weight to incentivize upcoming $GHO liquidity pools Next week's Alpha 🟢 $LTC halving is estimated to take place on August 2nd 🟢Evmos 2.0 is set to launch on 2nd August 🟢Coinbase will fully sunset its Borrow program for retail customers, effective November 20th 🟢PancakeSwap and zkSync have teased a potential partnership announcement happening today 🟢$OP is set to unlock 3.56% of circulating supply worth $36.48M later today 🟢$DYDX is set to unlock 3.81% of the circulating supply worth $13.5M on August 1st Must read Arthur Hayes has published a new article "Moai" Source: An Ape, Nasan, C^4, Wu Blockchain...