Compound's proposal to "Adjust the Risk Parameters of cUSDC v3 on Optimism"

2024-06-23 14:30:42
Collection

ChainCatcher message, the Compound governance page shows that proposal 260 has been approved by community vote and is expected to be executed within three days. The proposal indicates that Gauntlet has suggested the following risk parameter updates for the Optimism v3 USDC comet:

  • Increase the WBTC liquidation penalty from 5% to 10%;
  • Increase the WBTC supply cap from 60 to 120;
  • Increase the OP supply cap from 700,000 to 1,400,000.
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