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BTC $77,821.86 -0.27%
ETH $2,441.00 -0.47%
BNB $685.55 -0.12%
XRP $1.36 -0.27%
SOL $101.82 -0.95%
TRX $0.3264 -2.37%
DOGE $0.0824 -0.29%
ADA $0.1976 +0.97%
BCH $247.18 +0.04%
LINK $11.40 +1.09%
HYPE $83.53 +2.72%
AAVE $126.01 +1.87%
SUI $0.7251 +0.71%
XLM $0.1779 +1.46%
ZEC $846.94 +2.61%

Maker lowers the maximum debt ceiling for MATIC, LINK, YFI, RENBTC, and MANA

2022-11-16 23:51:44

ChainCatcher news, MakerDAO announced that in response to the current market conditions, Maker Governance has made changes to several Vault parameters.

The maximum debt ceiling for MATIC-A is reduced to 10 million DAI. The maximum debt ceiling for LINK-A is reduced to 5 million DAI. The maximum debt ceiling for YFI-A is reduced to 5 million DAI. The maximum debt ceiling for RENBTC-A is reduced to 0. The maximum debt ceiling for MANA-A is reduced to 3 million DAI. The stability fee for MANA-A is increased to 50%. The liquidation penalty fee for MANA-A is increased to 30%. (source link)

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