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ETH $2,299.51 -3.94%
BNB $626.25 -1.80%
XRP $1.40 -3.32%
SOL $84.47 -3.83%
TRX $0.3245 +0.29%
DOGE $0.0990 -1.08%
ADA $0.2478 -2.99%
BCH $449.16 -1.67%
LINK $9.31 -2.51%
HYPE $41.51 -3.01%
AAVE $97.18 -0.96%
SUI $0.9336 -2.47%
XLM $0.1654 -4.12%
ZEC $353.17 -1.93%

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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