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%."

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