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BNB $587.80 +3.54%
XRP $1.08 +1.28%
SOL $74.62 +1.85%
TRX $0.3283 +0.61%
DOGE $0.0704 +0.49%
ADA $0.1723 +5.79%
BCH $219.19 +4.35%
LINK $8.48 +2.62%
HYPE $53.84 -2.12%
AAVE $98.71 +0.58%
SUI $0.6965 +1.74%
XLM $0.1722 -0.25%
ZEC $474.32 +2.26%

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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