MakerDAO was seen witnessing some dominance in the DeFI market as of 15 October. And one of the reasons for this development could be the constant introduction of new proposals to improve the protocol on the whole.
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Here’s AMBCrypto’s Price Prediction for MakerDAO for 2022-2023.
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According to a tweet that was posted by MakerDAO’s twitter account on 14 October, the latest executive proposal’s approval would entail a set of auction risk parameter changes for specific vault types. Furthermore, this also included a reduction in the debt ceiling and reduction of fees for certain protocols as well.
<p lang=«en» dir=«ltr» xml:lang=«en»>The latest Executive Proposal was successfully approved and its proposed changes to the Maker Protocol are ready to be executed. Read more on ambcrypto.com