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The massive whale with the address 0x828 has orchestrated a substantial move by completing an MKR (Maker) transaction.

Since Maker lowered it from 8% to 5%, whales have been withdrawing their assets from the DSR pool.

In an astonishing twist of events, MakerDAO, a prominent player in the decentralized finance (DeFi) arena, has found itself at a crucial juncture due to unanticipated shifts in profit projections. This development has ignited discussions about the platform's future trajectory and its integral role in the decentralized financial landscape.

A startling reversal in profit expectations has hit the MakerDAO community, as projections for the next 12 months have plummeted from an anticipated $80 million to less than $2 million.

MakerDAO administrative portal has sprung to life with a sequence of pivotal decisions underway.

The Spark protocol just reached its debt ceiling as per MakerDAO's latest announcement. The announcement came just 8 days after increasing the debt ceiling.

Maker Protocol just hitted a revenue hight of $165 million and its stablecoin DAI has a market capitalizarion of over $5.57 billion. Here's what is happening.

MakerDAO's DAI surges with a $1 billion supply increase, propelled by a strategic Dai Savings Rate adjustment, solidifying its position in the DeFi realm

MakerDAO founder Rune Christensen joins "First Mover" to discuss the main issues surrounding coordination within DAOs and his "Endgame" plan to "decentralize the broken financial system & replace it with a system that benefits everyone." Plus, insights on MakerDAO paving the way to purchase up to an additional $1.28 billion in U.S. government bonds via crypto asset manager BlockTower Capital.

On-chain data shows large Maker holders have accumulated recently, a sign that the rally could extend soon. Maker Large Holders Have Continued To Expand Their Holdings Recently According to data from the market intelligence platform IntoTheBlock, inflows to the wallets of the large MKR investors have been taking place for a while now.

Maker protocol's governance move to increase DAI returns and increasing U.S. Treasury yields are boosting the protocol's revenue.

SHIB, UNI, MKR and XDC show signs of strength even as Bitcoin price remains stuck inside a narrow range.

In the fast-paced world of cryptocurrencies, MakerDAO's decentralized stablecoin DAI has recently captured significant attention due to its remarkable surge in market capitalization. Within the span of just seven days, DAI's market cap surged by nearly $1 billion, a testament to the DeFi protocol's strategic moves to enhance its interest rate structure, aimed at attracting a larger user base and fostering broader adoption.

By effectively controlling the supply and demand dynamics of stablecoin DAI, MakerDAO has attracted users back towards its fold.

The market cap of MakerDAO decentralized stablecoin DAI has increased by almost $1 billion in the last seven days after the DeFi protocol introduced an increased interest rate to attract more users.

The Spark protocol has been experiencing explosive growth. More importantly, over 198 million DAI was borrowed on the protocol since its launch in May.

Maker [MKR] pushed above the $1200 price level with a strong bullish rally on the daily timeframe after a period of retracement.

The MakerDAO founder, Rune Christensen, has announced an airdrop for the Spark Protocol's native SPK token. According to the proposal, the tokens will be released gradually, with the proposal outlining the distribution of two billion SPK tokens over the next ten years.

MakerDAO, a decentralized finance (DeFi) stalwart, is facing heightened scrutiny after the introduction of its new platform, Spark Protocol. The controversy arises from Spark Protocol's terms of service, which actively prevent users from accessing the platform via virtual private networks (VPNs).

Amidst soaring DAI supply and promising revenue, MakerDAO's MKR navigates challenges with declining network growth and falling velocity.

MakerDAO's founder announced an airdrop for Spark Protocol's governance token — outlining the distribution of two billion SPK over 10 years.

Tron network founder and crypto investor Justin Sun has once again made significant moves in the crypto space. Sun recently mortgaged 67,000 stETH (staked Ethereum) to mint an impressive 58 million DAI, which he promptly deposited into MakerDAO.

MakerDAO has been in the headlines recently following a boost in the maximum Dai Savings Rate (DSR) from 3.19% to 8% on Sunday, August 6. This temporary increment termed the Enhanced Dai Savings Rate (EDSR), was designed to encourage more Dai (Maker's stablecoin) holders to deposit their tokens on the Maker protocol and earn interest.

MakerDAO, a recognized pioneer in the decentralized finance sector, is encountering significant criticism due to its decision against users of virtual private networks (VPN). Users attempting to access the Spark Protocol site via a VPN have been denied a clear message indicating the prohibition of such access.