@Gemini @tyler The proposal established the following:
• GUSD contribution payments will be credited once per month.
• It will not be necessary to move the GUSD in the PSM.
• MakerDAO will have to onboard and KYC an entity to create an account with @Gemini that can be credited.

@Gemini @tyler 该提案确立了以下内容：
• GUSD 捐款将每月记入一次。
• 没有必要在 PSM 中移动 GUSD。
• MakerDAO 必须加入并KYC 一个实体，以使用@Gemini 创建一个可以记入的帐户。

.@Gemini co-founder @tyler published a proposal on the Maker Forum that aims to contribute to MakerDAO a 1.25% rate on the PSM's GUSD balance, as long as the PSM's GUSD average monthly balance is above 100 million GUSD on the last day of the month.
→ https://forum.makerdao.com/t/g...

.@Gemini 联合创始人@tyler 在 Maker 论坛上发表了一项提案，旨在为 MakerDAO 贡献 PSM 的 GUSD 余额 1.25% 的利率，只要 PSM 的 GUSD 平均每月余额在 1 亿美元以上。这个月。
→ https://forum.makerdao.com/t/g...

Total delegated MKR is at an all-time high!
There are now 142.67k MKR delegated to 23 Recognized Delegates and 92 Shadow Delegates, and a total of 187.83k MKR locked into the Maker Governance contract. https://t.co/yxjmi36NBI

总委托 MKR 创历史新高！
现在有 142.67k MKR 被委托给 23 个被认可的代表和 92 个影子代表，总共 187.83k MKR 被锁定在 Maker Governance 合约中。 https://t.co/yxjmi36NBI

@LidoFinance This thread summarizes the most relevant points of the original forum post called "Impact Analysis: Lowering stETH-B Stability Fee to 0%", published by the Risk Core Unit on the Maker Forum.
We encourage you to read the original post here.
↓
https://forum.makerdao.com/t/i...
15/

@LidoFinance 该线程总结了原始论坛帖子中最相关的观点，该帖子名为“影响分析：将 stETH-B 稳定费降至 0%”，由风险核心单元在 Maker 论坛上发布。
我们鼓励您在这里阅读原文。
↓
https://forum.makerdao .com/t/i...
15/

@LidoFinance The rest used other vault types in the past, and the vault migration contributed to 68 million DAI of additional exposure.
14/

@LidoFinance 其余的过去使用其他保险库类型，保险库迁移促成了 6800 万 DAI 的额外曝光。
14/

@LidoFinance To summarize, when evaluating the WSTETH-B Stability Fee decrease, from the total of WSTETH-B 120 million DAI debt, 109 million DAI can be contributed to vault migration from WSTETH-A (16 vaults) and 8.6 million DAI to new vault owners across 43 new Maker Vaults.
13/

@LidoFinance 总而言之，在评估 WSTETH-B 稳定费减少时，从 WSTETH-B 的 1.2 亿 DAI 债务总额中，1.09 亿 DAI 可用于从 WSTETH-A（16 个金库）的金库迁移和 860 万 DAI 到新的43 个新的 Maker Vault 的保管库所有者。
13/

@LidoFinance As part of the conclusion, it should be noted that all DAI collateralized by stETH has increased from 150 million to 170 million DAI since WSTETH-B was launched, despite a ~30% drop in stETH price during the same period.
12/

@LidoFinance 作为结论的一部分，应该指出的是，自 WSTETH-B 推出以来，由 stETH 抵押的所有 DAI 已从 1.5 亿增加到 1.7 亿个 DAI，尽管同期 stETH 价格下跌了约 30%。
12/

@LidoFinance Meanwhile, ~8.6 million of total debt (7%) can be attributed to DSProxy exposure that didn’t interact with other vaults before WSTETH-B.
These could be interpreted as new users that potentially started using Maker because of the zero cost of borrowing on WSTETH-B.
11/

@LidoFinance 同时，约 860 万总债务 (7%) 可归因于在 WSTETH-B 之前未与其他保险库交互的 DSProxy 风险。
这些可以解释为可能开始使用 Maker 的新用户，因为 WSTETH-B 的借贷成本为零。
11/

@LidoFinance The chart below shows total DAI debt per the initial vault type a DSProxy address interacted with.
That means that a DSProxy address first interacted with WSTETH-A before it eventually interacted also with WSTETH-B.
10/ https://t.co/ehNjNt5zDu

@LidoFinance 下图显示了与 DSProxy 地址交互的每个初始保险库类型的 DAI 总债务。
这意味着 DSProxy 地址首先与 WSTETH-A 交互，然后最终与 WSTETH-B 交互。
10/ https://t.co/ehNjNt5zDu

@LidoFinance This brings an estimated annualized revenue cannibalization of ~1.7 million DAI, with WSTETH-A Stability Fee at 1.5%.
But, this interpretation includes a strong assumption that exposure would be as high on WSTETH-A as it is now on WSTETH-B with the Stability Fee decrease.
9/

@LidoFinance 这带来了约 170 万 DAI 的估计年化收入蚕食，WSTETH-A 稳定费为 1.5%。
但是，这种解释包括一个强有力的假设，即随着稳定费的降低，WSTETH-A 上的风险敞口将与 WSTETH-B 上的一样高。
9/

@LidoFinance So, are there any substantial migrations from WSTETH-A to WSTETH-B?
About 109 million DAI of current WSTETH-B debt (90% of total) migrated from WSTETH-A and also closed down their WSTETH-A vault.
94% of that comes from the well-known 7-siblings vault owner.
8/

@LidoFinance 那么，从 WSTETH-A 到 WSTETH-B 是否有任何实质性迁移？
当前 WSTETH-B 债务中约有 1.09 亿 DAI（占总数的 90%）从 WSTETH-A 迁移，并且还关闭了他们的 WSTETH-A 保险库。
其中 94% 来自著名的 7 兄弟保险库所有者。
8/

@LidoFinance When comparing WSTETH-A and WSTETH-B vault management based on event quantity in the last 30 days per vault, we can see that distributions are mostly similar.
The only difference is the WSTETH-A’s slightly higher third quartile.
7/ https://t.co/SpweBYNH5i

@LidoFinance 当根据每个保险库过去 30 天的事件数量比较 WSTETH-A 和 WSTETH-B 保险库管理时，我们可以看到分布大多相似。
唯一的区别是 WSTETH-A 的第三个四分位数略高。
7/ https://t.co/SpweBYNH5i

@LidoFinance Regarding their collateralization ratio, even though WSTETH-A's Liquidation Ratio (160%) is lower than WSETH-B’s (185%), WSTETH-A vault owners currently maintain a higher debt-weighted collateralization ratio.
6/ https://t.co/lnRFqDGtzn

@LidoFinance 关于他们的抵押比率，尽管 WSTETH-A 的清算比率 (160%) 低于 WSETH-B 的 (185%)，但 WSTETH-A 保险库所有者目前保持较高的债务加权抵押比率。
6/ https://t.co/lnRFqDGtzn

@LidoFinance The number of vaults per stETH vault type shows a similar trend, where WSTETH-B vaults recently outnumber those of WSETH-A.
Currently, there are 81 WSTETH-B active vaults and 72 WSTETH-A active vaults.
5/ https://t.co/fR0pyN4xvA

@LidoFinance 每个 stETH 保险库类型的保险库数量显示出类似的趋势，其中 WSTETH-B 保险库的数量最近超过了 WSETH-A 的保险库。
目前，有 81 个 WSTETH-B 活动保险库和 72 个 WSTETH-A 活动保险库。
5/ https://t.co/fR0pyN4xvA

@LidoFinance This implies that WSTETH-B's share of total stETH exposure in Maker increased to 70% only 4 months after launch.
Additionally, the total DAI collateralized by stETH has since increased from 150 to 170 million DAI.
Now, let's see what happened to the number of vaults.
↓
4/

@LidoFinance 这意味着 WSTETH-B 在 Maker 中的总 stETH 敞口份额仅在推出 4 个月后就增加到了 70%。
此外，stETH 抵押的 DAI 总量从 150 增加到 1.7 亿 DAI。
现在，让我们看看金库的数量发生了什么变化。
↓
4/

@LidoFinance From 10 days before WSTETH-B was launched until now, WSTETH-A's DAI debt decreased from 150 million to 50 million DAI.
Inversely, WSTETH-B's DAI debt has shown consistent growth, currently standing at 120 million DAI.
3/ https://t.co/oph3EL2vpU

@LidoFinance 从 WSTETH-B 推出前 10 天到现在，WSTETH-A 的 DAI 债务从 1.5 亿减少到 5000 万 DAI。
相反，WSTETH-B 的 DAI 债务一直在增长，目前为 1.2 亿 DAI。
3/ https://t.co/oph3EL2vpU

@LidoFinance A bit of context.
In Maker, there are 2 vault types from which users can mint DAI against their stETH (staked ETH from @LidoFinance)
↓
WSTETH-A, with a 1.5% Stability Fee and 160% Liquidation Ratio
WSTETH-B, with a 0% Stability Fee and 185% Liquidation Ratio
2/

@LidoFinance 有点背景。
在 Maker 中，有 2 种保险库类型，用户可以使用他们的 stETH 铸造 DAI（来自@LidoFinance 的质押 ETH）
↓
WSTETH-A，1.5% 稳定费和 160% 清算率
WSTETH-B，0% 稳定费和 185% 清算率
2/

WSTETH-A exposure decreased significantly while WSTETH-B exposure continues to grow.
Why?
Let's dive deeper into how @LidoFinance's staked ETH vault types have performed over recent market conditions.
🧵↓
1/

WSTETH-A 暴露显着下降，而 WSTETH-B 暴露持续增长。
为什么？
让我们更深入地了解@LidoFinance 的质押 ETH 保险库类型在近期市场条件下的表现。
🧵↓
1/

🗳 It's your turn, MKR holders and Delegates, to participate meaningfully in the direction of MakerDAO.
Vote directly through the Executive Proposal: https://vote.makerdao.com/exec...
or
Delegate your MKR to one or more Recognized Delegates: https://vote.makerdao.com/dele...
8/

🗳 现在轮到你了，MKR 持有者和代表们，有意义地参与到 MakerDAO 的方向上。
直接通过执行提案投票：发表时间：3年前 作者：Maker @MakerDAO详情

💸 RISK-001 MKR Transfer
175 MKR will be transferred to the Risk Core Unit at 0x5d67d5B1fC7EF4bfF31967bE2D2d7b9323c1521c as per their approved MKR compensation proposal if this executive proposal passes.
7/

💸 RISK-001 MKR 转移
如果该执行提案获得通过，175 MKR 将根据其批准的 MKR 补偿提案转移到位于 0x5d67d5B1fC7EF4bfF31967bE2D2d7b9323c1521c 的风险核心单元。
7/