On January 30th, MEV execution platform Mevvy announced the completion of a $2.80 million seed round of financing, led by Multicoin Capital, Chapter One Ventures, Hypersphere and a number of strategic angel investors participated. Investors include Ondo founder Nathan Allman, Pendle founder TN Lee, Ethena founder Guy Young, Axelar founder Georgios Vlachos, and Sei Network's Jeffrey Feng and Jay Jog. Mevvy is dedicated to simplifying the technical complexity of blockchain transaction ordering and...
DeFi protocol Sky (formerly MakerDAO) tweeted that the following parameter changes will be implemented at 5:24 Beijing time on December 9 after the implementation vote is approved. These include savings rate updates: Sky savings rate (SSR) will be increased to 12.5% and DAI savings rate (DSR) will be increased to 11.5%. Stability Fee parameter update: ETH-A increases to 12.75%, ETH-B increases to 13.25%, ETH-C increases to 12.5%; WSTETH-A increases to 13.75%, WSTETH-B increases to 13.5%; WBTC-A ...
Sky announced on the X platform that it has now initiated an executive vote. If passed, the proposed changes to the Sky Agreement will take effect 30 hours after approval by the Sky Ecosystem Governance Board, with the following impact on users: Changes in the savings rate The Sky Savings Rate (SSR) will increase to 12.5% and the Dai Savings Rate (DSR) will increase to 11.5%. - Stability fee parameter update The ETH stability fee will increase: ETH-A to 12.75%, ETH-B to 13.25%, and ETH-C to 12.5...
At present, El Salvador is still implementing the "daily increase of 1 BTC plan", and its current bitcoin holdings reach 5,951.77 BTC, worth about $565 million.
On August 11, MakerDAO plans to launch a proposal to reduce the size of WBTC collateral in the August 12 executive vote, including: Core vault: Reduce the WBTC-A DC-IAM limit (maximum guarantee amount) from 500M to 0. Reduce the WBTC-B DC-IAM limit (maximum guarantee amount) from 250M to 0. Reduce the WBTC-C DC-IAM limit (maximum guarantee amount) from 500M to 0. SparkLend: It is forbidden to borrow WBTC. Reduce the loan collateral rate for WBTC from 74% to 0%. BA Labs, a crypto risk analysis an...
On August 11, MakerDAO plans to launch a proposal to reduce the size of WBTC collateral in the August 12 executive vote, including: Core vault: Reduce the WBTC-A DC-IAM limit (maximum guarantee amount) from 500M to 0. Reduce the WBTC-B DC-IAM limit (maximum guarantee amount) from 250M to 0. Reduce the WBTC-C DC-IAM limit (maximum guarantee amount) from 500M to 0. SparkLend: It is forbidden to borrow WBTC. Reduce the loan collateral rate for WBTC from 74% to 0%. BA Labs, a crypto risk analysis an...
On August 11, MakerDAO plans to launch a proposal to reduce the size of WBTC collateral in the August 12 executive vote, including: Core vault: Reduce the WBTC-A DC-IAM limit (maximum guarantee amount) from 500M to 0. Reduce the WBTC-B DC-IAM limit (maximum guarantee amount) from 250M to 0. Reduce the WBTC-C DC-IAM limit (maximum guarantee amount) from 500M to 0. SparkLend: It is forbidden to borrow WBTC. Reduce the loan collateral rate for WBTC from 74% to 0%. BA Labs, a crypto risk analysis an...