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ETH $2,485.17 -1.40%
BNB $738.82 -1.85%
XRP $1.39 -2.00%
SOL $103.66 -2.64%
TRX $0.3341 -0.39%
DOGE $0.0903 -0.26%
ADA $0.2201 -1.41%
BCH $257.66 -1.20%
LINK $12.73 -3.85%
HYPE $85.10 -3.07%
AAVE $131.81 -3.05%
SUI $0.8164 +0.90%
XLM $0.1931 +3.64%
ZEC $1,134.58 -7.35%

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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