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BTC $63,247.98 -1.48%
ETH $1,840.68 -2.36%
BNB $563.89 -2.39%
XRP $1.08 -1.98%
SOL $74.83 -1.70%
TRX $0.3222 -0.34%
DOGE $0.0719 -1.57%
ADA $0.1608 -1.06%
BCH $218.46 -1.48%
LINK $8.19 -2.85%
HYPE $60.30 -8.35%
AAVE $90.68 -3.63%
SUI $0.7370 -0.72%
XLM $0.1841 -2.86%
ZEC $534.48 -2.30%

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

2022-11-16 23:51:44
Collection

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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