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
Michael Saylor: After his death, he will donate his shares to a public charity that supports Bitcoin
BTC breaks through $97,500
Two Crypto Projects Offer Blockchain Solutions for Elon Musk’s DOGE
![](https://img.bgstatic.com/multiLang/image/social/eadb2ea49cbcb76ef2fab7faf0899a851738896907717.jpeg)
Justin Sun sues billionaire David Geffen over $78.4 million art deal
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)