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ETH $1,873.19 -0.65%
BNB $604.64 -0.68%
XRP $0.9998 -0.49%
SOL $75.39 -0.67%
TRX $0.3330 -0.27%
DOGE $0.0693 -1.14%
ADA $0.1792 -2.13%
BCH $203.34 -4.75%
LINK $8.86 +1.10%
HYPE $56.07 -2.52%
AAVE $85.49 -3.57%
SUI $0.6754 -1.79%
XLM $0.1592 -0.48%
ZEC $484.67 -1.15%

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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