Compound proposes to increase the UNI supply cap by 8 million tokens through Proposals 218 and 219
According to official sources, Compound has passed proposals 218 and 219. Under proposal 218, the UNI liquidation penalty has been increased from 7% to 15%, and the UNI supply cap has been raised from 6,000,000 to 8,000,000. Additionally, the WBTC liquidation ratio has been raised from 77% to 85%, and the WBTC collateral factor has been increased from 70% to 80%.
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.
You may also like
A certain "contract-quitting, spot-buying" whale address has accumulated 7,066 ETH in the past 5 days

The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.