cryptograntwire

1/ MakerDAO proposal by PhoenixLabs (Oct 2, 2025) raises supply caps, launches Spark Savings v2, cuts SparkLend USDC/USDT reserve factors to 1% and enables SPK staking

2/ - This is a multi-part Ethereum governance package proposed by PhoenixLabs to be executed on October 2, 2025, that raises supply caps (e.g., PT‑USDe→1B USDS, LBTC→10,000), launches Spark Savings v2 with capped yields and vault limits, adjusts

5/ SLL rate limits and multisig controls), and reliance on prudent parameter settings; community reaction: no discussions reported.

4/ Benefits: enables larger deposit growth, product expansion, and greater competitiveness (via lower reserve factors) while consolidating rewards and adding operational risk controls; Costs/risks: reduced immediate reserve revenue, higher protocol exposure from larger caps (mitigated by

3/ SparkLend reserve factors (USDC/USDT 10%→1%), consolidates rewards into the Spark Liquidity Layer (SLL), sets conservative SLL/OTC transfer limits and SYRUP transfer caps, allocates treasury/grant transfers, and activates SPK staking (stSPK) with controlled operator roles.  \n-