According to BlockBeats, on July 16, MakerDAO's lending protocol Spark announced updates to the parameters of SparkLend. The effective DAI lending rate will be reduced to 8%, while the supply cap for weETH will be increased to 200,000 weETH. Additionally, the debt ceiling for weETH in isolation mode will be raised to 200 million DAI.

In Spark Cash & Savings, the DAI deposit rate (DSR) will be lowered to 7%.