The Compound community voted to pass the "Compound v2 Sunset (Phase 2)" proposal

2023-10-15 11:52:28
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ChainCatcher message, the Compound community has voted to approve the "Compound v2 Deprecation (Phase 2)" proposal, which is expected to be implemented in two days. This proposal will adjust several protocol risk parameters within the Compound v2 Deprecation plan's second phase, including:

  • Setting the cAAVE collateral factor to 68.0%;
  • Setting the cCOMP collateral factor to 55.0%;
  • Setting the cLINK collateral factor to 74.0%;
  • Setting the cMKR collateral factor to 68.0%;
  • Setting the cSUSHI collateral factor to 62.0%;
  • Setting the cUSDC reserve ratio to 45.0%;
  • Setting the cYFI collateral factor to 70.0%;
  • Setting the cZRX collateral factor to 60.0%.
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