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TRX $0.3248 -0.27%
DOGE $0.0993 +3.17%
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BCH $449.99 +2.15%
LINK $9.52 +2.39%
HYPE $44.37 -2.03%
AAVE $115.44 +8.44%
SUI $0.9970 +1.38%
XLM $0.1681 +3.80%
ZEC $338.16 -1.11%

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

2022-11-16 23:51:44
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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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