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Compound has voted to pass Proposal 214, which will adjust the collateral factor parameters for cAAVE and others

Compound has voted to pass Proposal 214, which will adjust the collateral factor parameters for cAAVE and others

2024/02/04 06:34

According to the Compound governance page, Proposal 214 put forward by Gauntlet has been voted through with support from Polychain Capital, Wintermute Governance, and CalBlockhain. The proposal aims to adjust the risk parameters of Phase Eight of Compound V2 Deprecation, involving a total adjustment of 8 token collateral factors: cAAVE (reduced from 48% to 43%), cBAT (reduced from 55% to 50%), cCOMP (reduced from 35% to 30%), cLINK (reduced from 54% to 49%), cMKR (reduced from 48% to 43%), cSUSHI (reduced from 42% to37 %),cYFI(reducefrom50 %to45%)andcZRX(reducefrom40 %to35%).

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