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.
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