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BTC $63,056.73 +0.08%
ETH $1,881.37 -0.01%
BNB $606.08 -0.54%
XRP $1.00 -0.19%
SOL $75.54 +0.18%
TRX $0.3308 -0.59%
DOGE $0.0697 -0.71%
ADA $0.1770 -1.87%
BCH $203.40 -1.16%
LINK $9.40 -2.15%
HYPE $57.04 +0.87%
AAVE $86.35 -0.49%
SUI $0.6758 -1.34%
XLM $0.1567 -1.29%
ZEC $486.84 -1.37%

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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