MakerDAO cuts off its AAVE-DAI direct deposit module

06/19 01:08

According to CoinDesk, MakerDAO, builder of decentralized, collateralized stablecoin DAI, has turned off the DAI Direct Deposit Module (D3M) as of June 17 21:04 UTC, following the passage of a governance vote on June 15. D3M was created in cooperation with the Aave team and introduced in April 2021. According to Sam from the MakerDAO smart contracts team (@hexonaut), the module allows the Maker protocol “to enforce a maximum variable borrow rate for the DAI market on Aave.” The Maker Protocol has now set its maximum borrow rate to 0 temporarily. With a borrow rate of 0, the Aave D3M module is turned off and will not mint fresh DAI into Aave’s lending market.
bullishbullishbullish2bearishbearishbearish2BeğenPaylaş
Sorumluluk Reddi：Yukarıdaki içerik HTX'ın tutumunu temsil etmez.，HTX herhangi bir alım satım önerisinde bulunmaz.。

İlgili Makaleler

  • Image

    最终修复方案出炉，Aave坏账风波终于要结局了

  • Image

    $10 mln in AAVE inflows signal a potential breakout – What’s next for price?

  • Image

    AAVE Builds Momentum: Is a Move to $120 Within Reach or Will It Stall Here?

Tüm Yorumlar0En yeniPopüler

avatar
En yeniPopüler

İlgili Makaleler

  • Image

    最终修复方案出炉，Aave坏账风波终于要结局了

  • Image

    $10 mln in AAVE inflows signal a potential breakout – What’s next for price?

  • Image

    AAVE Builds Momentum: Is a Move to $120 Within Reach or Will It Stall Here?