MakerDAO voted to approve a series of implementation proposals, including the "Spark MetaMorpho Vault DDM Maximum Debt Ceiling" proposal. According to the proposal, the maximum debt ceiling for SparkMetaMorphoVaultDDM will increase to 1 billion DAI, with an initial allocation of 600 million DAI. One proposal aims to allocate up to 600 million DAI to the USDe and its collateralized version sUSDe pool (with priority given to the USDe pool). Later, the SparkX platform announced that after MakerDAO's debt ceiling was increased to 1 billion DAI, Spark successfully allocated an additional 100 million DAI to the USDe/DAI and sUSDe/DAI markets on Morpho Blue. According to BA Labs' risk assessment, Spark is expected to limit the maximum amount of allocation based on its proposal to 600 million DAI. Therefore, Spark proposed to redistribute another 100 million DAI.

MakerDAO community passed a proposal to increase the Spark MetaMorpho Vault DDM debt ceiling to 1 billion DAI. It is reported that the Maker protocol will execute operations such as increasing the delay in suspending the Governance Security Module (GSM) to 30 hours, and raising the maximum debt ceiling of the Spark MetaMorpho Vault DDM to 1 billion DAI.

Rune Christensen, co-founder of MakerDAO, has warned that the EU's specific interpretation of the MiCA regulations could lead to a disruption of DeFi development. Christensen stated that there are reports that financial regulatory authorities in Europe may require every DeFi frontend in the region to register and operate under a license. He is concerned about the potential impact of this decision and stated that "it would make DeFi frontends based on regular internet domain names unfeasible." Additionally, Christensen explained in detail that only decentralized or locally downloaded frontends can operate, as well as those that adopt KYC measures and procedures.

According to on-chain analyst ai_9684 data, a whale once sold 9,600 ETH at an average price of $1,811 in November 2023. In the past four hours, the whale withdrew 1,000 MKR from Aave and sold them in batches (worth $2.88 million) at a selling price of $2,880, with the current price of MKR at $3,038.

After MakerDAO co-founder Rune Christensen attempted to buy SHIB on March 1st, SHIB rose by 50% on March 2nd, as monitored by @EmberCN. Therefore, Rune continued to buy 4 million SHIB (17.6 billion SHIB) with 400,000 USDC 12 hours ago, and SHIB rose by 20% a few hours later. Rune has currently spent 500,000 USDC to purchase 25 billion SHIB at an average price of $0.00002.

Maker plans to introduce a new set of parameter adjustments through an executive vote in the Maker protocol. These adjustments include:1. Stable fee adjustments• Reduce the ETH-A stable fee from 6.74% to 6.41%;• Reduce the ETH-B stable fee from 7.24% to 6.91%;• Reduce the ETH-C stable fee from 6.49% to 6.16%, etc.2. Yield benchmark parameter adjustments• Lower the yield benchmark for collateral from 5.45% to 5.43%;• Increase the yield benchmark for stable collateral from 0.87% to 1.74%;3. Basic interest rate adjustments• Increase the basic interest rate from 4.05% to 4.23%.4. Dai Savings Rate (DSR) adjustments• Increase the Dai Savings Rate (DSR) from 3.80% to 3.98%.5. Enhanced Dai Savings Rate (EDSR)• The DSR utilization rate is still at level one, and the Enhanced Dai Savings Rate (EDSR) and effective DSR will remain at 5%.

Maker announced on X platform that the DAI supply of Spark D3M has exceeded 1 billion. According to the data, at the current issuance rate, 18,306,260 DAI are issued every day in the past week, and the debt ceiling will be reached within 11 days.

On January 28th, Spot On Chain monitoring reported that a wallet address starting with 0xa58 (associated with MakerDAO co-founder Rune) sold 2,235 MKR at an average price of $2,032 over the past 2 days, receiving 4.542 million DAI. Currently, the wallet still holds 2,430 MKR ($4.92 million).

As displayed on the governance page, the MakerDAO community voted in favor of the proposal to "increase the SparkLend D3M debt ceiling to 1.2 billion DAI", which can be executed after 8:55 am on January 14, 2024 Beijing time.

According to on-chain data analyst @ai_9684xtpa, on January 11th, BlockBeats reported that forknounnoworlose36eth.eth has accumulated 7,190 MKR and gained a profit of 7.7 million US dollars through nine months of regular investment. This HODLer has been investing in MKR every month since April 2023, spending a total of 8.42 million US dollars at an average cost of 1,103 US dollars. Currently, the assets are staked in Maker and Aave at two different addresses. MKR has risen by as much as 62% in the past 30 days, and the whale's assets have grown by 4.05 million US dollars accordingly.

According to Spot On Chain monitoring, a certain MKR whale transferred 1602 MKR worth $2.86 million to Binance after three years of dormancy. In 2018, the whale obtained 11082 MKR from MakerDAO. In May 2021, it transferred 4602 MKR to Binance and currently still holds 6877 MKR worth $12.27 million.

During the past week, multiple whale/institutional addresses withdrew MKR from CEX, pushing the price of MKR up by 18% from $1350 to $1605 this week. Among them, five major addresses withdrew 17,260 MKR ($26.24 million) from CEX in the past week, as monitored by on-chain analyst Yu Jin.

On December 31st, based on the monitoring of on-chain analyst Yu Jin, in the past week, multiple whale/institutional addresses withdrew MKR from CEX, driving the price of MKR up 18% in a week (from $1350 to $1605). 5 major addresses withdrew 17,260 MKR (approximately $26.24 million) from CEX in the past week.

On December 31, according to Lookonchain monitoring, in the past week, 3 new wallet addresses withdrew a total of 11,610 MKR from Binance, worth approximately 18.6 million US dollars.

According to on-chain data tracking service Whale Alert, 4,901 MKR ($7,587,780) has been transferred from FalconX to an unknown wallet.

According to on-chain analyst @ai_9684xtpa, as reported , ETH has fallen nearly 5% since 11 pm last night. The health of the Maker owned by the ETH whale, which has had a 100% success rate since November, has dropped to 1.03. To avoid being liquidated, the whale has been trading frequently.

Lookonchain monitoring shows that a new wallet is accumulating MKR and LINK today. 0xE68E withdrew 3,150 MKR (worth $4.55 million) from Binance in the past 20 minutes. 0x8eAD withdrew 136,146 LINK (worth $2.05 million) from Binance 10 minutes ago, and has withdrawn 384,006 LINK (worth $5.79 million) from Binance in the past 10 days.

The 2023 DeFi protocol revenue ranking list was announced, as follows:

A whale who sold 1490 MKR (worth $2.02 million) on Binance on December 13th was monitored by on-chain analyst Yu Jin. Five hours ago, the same whale transferred an additional 3285 MKR (worth $4.25 million) to Binance. As a result, all 4775 MKR (worth $6.21 million) that the whale withdrew from Binance at an average price of $1324 between July 25th and November 22nd have been transferred to and sold on Binance. The average purchase price was $1324, while the average sale price was $1300, resulting in a loss of $110,000.

Lookonchain monitoring shows that a whale has deposited all 3,286 MKR ($4.27 million) into Binance for stop loss in the past hour. The whale withdrew 4,776 MKR ($6.32 million) from Binance at an average price of $1,324 and deposited it into Binance at $1,318, resulting in a loss of about $30,000.