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BNB $574.36 -0.27%
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SOL $62.09 -5.19%
TRX $0.3217 -0.35%
DOGE $0.0813 -1.55%
ADA $0.1597 -1.24%
BCH $215.29 -1.95%
LINK $7.38 -1.04%
HYPE $58.15 -2.64%
AAVE $60.60 -3.99%
SUI $0.7176 +0.58%
XLM $0.2111 +11.27%
ZEC $358.46 +1.08%

Maker lowers the maximum debt ceiling for MATIC, LINK, YFI, RENBTC, and MANA

2022-11-16 23:51:44
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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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