Maker: The RETH-A vault is being removed, users are advised to fully repay their DAI debts

ChainCatcher message, Maker tweeted that the RETH-A treasury is being removed from Maker, and the maximum debt ceiling for RETH-A has been reduced to 0. An upcoming executive vote will deploy parameter changes to complete the process of RETH-A's exit from the Maker protocol. Once all parameters are changed and deployed to the Maker protocol, all RETH-A positions with a collateralization ratio below 10000% will be liquidated.

Spark continues to offer rETH as a collateral asset, with a free supply cap of approximately 40,000 rETH. Maker strongly advises RETH-A users to fully repay their DAI debt and close all RETH-A vaults on the Maker protocol before the delisting is completed.