Compound passed Proposal 260 to adjust the risk parameters of cUSDCv3 on Optimism
Odaily2024/06/23 07:51
By:Odaily
Odaily News The Compound Governance page shows that Proposal 260 has been voted through by the community and is expected to be implemented within three days. The proposal shows that Gauntlet proposes to update the following risk parameters for Optimism v3 USDC comet: - Increase WBTC liquidation penalty from 5% to 10%; - Increase WBTC supply cap from 60 to 120; - Increase OP supply cap from 700,000 to 1.4 million.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Zoth releases stolen update: $500,000 public reward set up to fund valuable clues
Cointime•2025/03/22 14:33
Tornado Cash Surges 40% After Sanctions Removal, Analysts Warn of Correction
Yellow•2025/03/22 14:11
Wintermute may be a market maker for mubarak and currently holds $969,000 in mubarak
Cointime•2025/03/22 13:44
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$84,037.3
-0.07%

Ethereum
ETH
$1,985.06
+1.83%

Tether USDt
USDT
$0.9997
+0.02%

XRP
XRP
$2.37
-0.42%

BNB
BNB
$625.01
-1.60%

Solana
SOL
$129.02
+1.76%

USDC
USDC
$1.0000
-0.00%

Dogecoin
DOGE
$0.1676
+0.59%

Cardano
ADA
$0.7026
-0.86%

TRON
TRX
$0.2353
-0.47%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now