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ETH $1,565.43 -6.12%
BNB $575.01 -3.22%
XRP $1.09 -3.43%
SOL $62.59 -6.00%
TRX $0.3199 -1.99%
DOGE $0.0818 -3.07%
ADA $0.1586 -3.31%
BCH $217.34 -2.78%
LINK $7.38 -2.96%
HYPE $58.92 -5.33%
AAVE $61.73 -5.32%
SUI $0.7171 -1.07%
XLM $0.1990 +4.47%
ZEC $365.77 +15.74%

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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