TechFlow reported that MakerDAO has voted to approve and execute a series of executive proposals, implementing the following changes:
1. Increased the Governance Security Module (GSM) delay from 16 hours to 30 hours, modifying the time required for executive spells to take effect on the Maker Protocol.
2. Raised the Spark MetaMorpho Vault DDM maximum debt ceiling from 100 million DAI to 1 billion DAI, with an initial allocation of 600 million DAI.
3. Recommended a total Vault DAI allocation of 600 million DAI, distributed across various LTV pools.
4. Adjusted performance and pool selection, prioritizing allocations to the USDe pool, reflecting user preferences and risk considerations.
5. Modified Vault parameters, including DDM DC-IAM parameters.
6. Added certain ilks to the Debt Ceiling Breaker (LINE_MOM), enabling rapid suspension of borrowing against specific crypto collateral types during emergencies.
7. Triggered the SparkLend proxy spell to increase ETH borrowing limit parameters.
These changes were implemented in the Maker Protocol on April 8, 2024.
Earlier on April 2, MakerDAO proposed allocating 600 million DAI worth of DAI to USDe and sUSDe.
