Compound launches new proposal 193 to lower collateral factor parameters of 7 tokens
Compound has announced the launch of a new proposal, Proposal 193, aimed at lowering the Compound V2 collateral factor parameters for 7 tokens, which are:
1. Lowering the AAVE collateral factor from 63% to 58%;
2. Lowering the COMP collateral factor from 50% to 45%;
3. Lowering the LINK collateral factor from 69% to 64%;
4. Lowering the MKR collateral factor from 63% to 58%;
5. Lowering the SUSHI collateral factor from 70% to 52%;
6. Lowering the YFI collateral factor from 65% to 60%;
7. Lowering the ZRX collateral factor from 55% to 50%.
It is reported that the proposal is expected to end voting on November 15th. If passed, it could reduce user position liquidation risks to some extent.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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