Compound has voted to pass Proposal 214 and will adjust staking factor parameters such as cAAVE
The Compound governance page showed that proposal 214 proposed by Gauntlet has been voted and approved with the support of Polychain Capital, Wintermute Governance, and CalBlockhain.
According to the proposal, it aims to adjust the risk parameter of the eighth stage of Compound V2 Deprecation, with a total adjustment of 8 token collateral factors, including: cAAVE (reduced from 48% to 43%), cBAT (reduced from 55% to 50%), cCOMP (reduced from 35% to 30%), cLINK (reduced from 54% to 49%), cMKR (reduced from 48% to 43%), cSUSHI (reduced from 42% to 37%), cYFI (reduced from 50% to 45%), and cZRX (reduced from 40% to 35%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Musk has amended the OpenAI lawsuit to include Microsoft as a defendant
Avalanche Foundation Launches InfraBUIDL() Grant Program for Core Infrastructure Developers
Musk's government efficiency department will live broadcast weekly progress reports
VanEck executive: Solana ETF is highly likely to be listed before the end of next year