News

Maker Governance executed several parameter changes in vault types

2022/11/16 15:54

Maker tweeted: "In response to current market conditions, Maker Governance executed several parameter changes in vault types that contain tokens from organizations that may stand at considerable risk of being affected by these circumstances. Specifically, these parameter changes are:
Decrease MATIC-A Maximum Debt Ceiling to 10 million DAI;
Decrease LINK-A Maximum Debt Ceiling to 5 million DAI;
Decrease YFI-A Maximum Debt Ceiling to 5 million DAI;
Decrease RENBTC-A Maximum Debt Ceiling to 0;
Decrease MANA-A Maximum Debt Ceiling to 3 million DAI;
Increase the MANA-A Stability Fee to 50%;
Increase the MANA-A Liquidation Penalty to 30%."
bullishbullishbullishBullishbearishbearishbearishBearishLikeShare
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

Related Articles

  • Image

    MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth

  • Image

    Bitcoin price holds $26K as MKR, AAVE, RUNE and RNDR flash bullish signals

  • Image

    The death of Defi & RWA

All Comments0LatestHot

LatestHot
noContent

No records

Related Articles

  • Image

    MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth

  • Image

    Bitcoin price holds $26K as MKR, AAVE, RUNE and RNDR flash bullish signals

  • Image

    The death of Defi & RWA