MakerDAO initiated an emergency proposal to change parameters related to assets such as USDC to mitigate protocol risks

2023-03-11 19:18:33
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ChainCatcher news, the MakerDAO governance community has initiated an emergency proposal to change the risk and governance parameters related to USDC assets, proposing to reduce the debt ceiling for USDC-related LPs such as UNIV2USDCETH-A, UNIV2DAIUSDC-A, GUNIV3DAIUSDC1-A, and GUNIV3DAIUSDC2-A to 0.

In addition, the proposal also requests changes to certain parameters of the anchored stable modules such as PSM-USDC-A and PSM-GUSD-A to mitigate protocol risk. (source link)

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