According to the news on August 4th, the MakerDAO governance portal has launched new implementation proposals on enhanced DSA activation, Spark Protocol debt ceiling increase, RWA treasury update, AVC member compensation in the second quarter of 2023, Monetails Clydesdale’s DAO resolution, start-up project funds, Spark Proxy Spell execution. The proposal will close on September 3rd at 03:35. If the implementation proposal is passed, the DAI savings rate will increase from 3.19% to 8%; the maximum debt ceiling of the Spark Protocol direct deposit module will be increased from 20 million DAI to 200 million DAI; the RWA004-A debt ceiling will be increased from 7 million DAI Down to 0 DAI, RWA002-A agreement will be updated; 134.1 MKR will be distributed to AVC members; MakerDAO will approve DAO resolution with IPFS hash value QmaGTVioBsCPfNoz9rbW7LU6YuzfgqHDZd92Hny5ACfL3p; transfer 2 million DAI to 0x3C5142F28567E6a0 F172fd0BaaF1f2847f49D02F, used as part of the Endgame starter project ; Spark Protocol will update the DAI interest rate strategy and reduce the DAI market loan-to-value ratio (LTV) from 74% to 0.01%, the DAI liquidation threshold from 76% to 0.01%, and the WETH market reserve ratio from 15% to 5% %, WETH's _iableRateSlope1 will drop from 3.8% to 3%.

Odaily Planet Daily News Fred Wilson, a partner of the US venture capital institution USV (United Square Ventures), published an article "The Freedom of Innovation". He stated in the article, “USV was subpoenaed by the New York State Department of Financial Services (DFS) in 2014 for its Web3 investment activities. At that time, we hired a law firm and responded to the subpoena, which finally allowed me to testify publicly before DFS officials. .I told DFS employees in my testimony that, unlike some countries, the United States respects the freedom to innovate. Yesterday, on USV's LP quarterly call, we were asked whether regulatory pressure on Web3 in the US would cause us to scale back our Web3 investments, which reminded me of that moment in 2014. I say to this, when they want to ban it, I will choose to double down on it. The most powerful technologies create waves of fear throughout the system, and when you see that fear in their eyes, you should be investing in the causes that create that fear. "(AVC)