MakerDAO’s new implementation of voting plan raises ETH debt ceiling to $260 million

MakerDAO incorporated a new executive vote into the voting system. The newly implemented voting plan will increase the ETH-A debt ceiling from 220 million US dollars to 260 million US dollars. Chain Wen previously reported that on July 23, MakerDAO formally raised the debt ceiling of collateralized ETH to borrow Dai to 220 million, and increased the debt ceiling of collateralized USDC-A to borrow Dai to 80 million.