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ETH $2,228.89 -2.14%
BNB $668.39 -1.68%
XRP $1.44 -3.61%
SOL $89.16 -3.44%
TRX $0.3513 -0.43%
DOGE $0.1125 -3.13%
ADA $0.2614 -3.52%
BCH $426.02 -2.46%
LINK $10.07 -3.65%
HYPE $43.27 -7.43%
AAVE $92.66 -5.78%
SUI $1.09 -7.91%
XLM $0.1549 -4.46%
ZEC $510.08 -7.12%

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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