MakerDAO issues an emergency governance proposal: borrowing limits and collateral ratios rise together, is it defense OR a power struggle?
MakerDAO swiftly passed a proposal without any warning. The proposal, "Strengthening protocol security and response speed by adjusting the LSE-MKR-A risk parameters and shortening the GSM Pause Delay," not only significantly increased the borrowing limit of MKR tokens but also notably reduced the collateral requirements.