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ETH $2,492.84 +0.05%
BNB $740.69 -1.14%
XRP $1.40 -1.03%
SOL $104.34 -1.21%
TRX $0.3343 -0.23%
DOGE $0.0901 +0.84%
ADA $0.2208 +0.82%
BCH $261.10 +1.81%
LINK $12.78 +3.76%
HYPE $85.19 -2.56%
AAVE $132.35 -0.27%
SUI $0.8255 +3.71%
XLM $0.1927 +5.03%
ZEC $1,159.74 -5.12%

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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