Compound launches new proposal 193 to lower collateral factor parameters of 7 tokens
Compound has announced the launch of a new proposal, Proposal 193, aimed at lowering the Compound V2 collateral factor parameters for 7 tokens, which are:
1. Lowering the AAVE collateral factor from 63% to 58%;
2. Lowering the COMP collateral factor from 50% to 45%;
3. Lowering the LINK collateral factor from 69% to 64%;
4. Lowering the MKR collateral factor from 63% to 58%;
5. Lowering the SUSHI collateral factor from 70% to 52%;
6. Lowering the YFI collateral factor from 65% to 60%;
7. Lowering the ZRX collateral factor from 55% to 50%.
It is reported that the proposal is expected to end voting on November 15th. If passed, it could reduce user position liquidation risks to some extent.
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
Justin Sun Highlights the Promising Future of JST Token Through JustLend
In Brief Justin Sun sees great potential for JST tokens through JustLend's growth. Buyback and token burn strategies aim to enhance JST's market value. Investors are advised to analyze TRON's evolving landscape cautiously.

The Melania team used a fixed investment strategy to sell 3.19 million MELANIA
Matrixport: New capital inflows indicate that Bitcoin is expected to break through $100,000
Bitcoin's 10% Surge Sparks Optimism for SUI, AVAX, TRUMP, and TAO

Trending news
MoreCrypto prices
More








