MakerDAO governance community

  • MakerDAO launched an urgent proposal to change the parameters related to assets such as USDC to mitigate the risk of the agreement

    On March 11, the MakerDAO governance community launched an urgent proposal to change the asset risk and governance parameters related to USDC and reduce the debt ceiling of USDC-related LPs such as UNIV2USDCETH-A, UNIV2DAIUSDC-A, GUNIV3DAIUSDC1-A and GUNIV3DAIUSDC2-A as collateral to zero. Interpretation of this information: The MakerDAO governance community, which oversees the decentralized finance (DeFi) platform, has proposed significant changes to the risk and governance parameters of the USDC stablecoin. The proposal, which was launched on March 11th, seeks to reduce the debt ceiling for USDC-related liquidity pools to zero….

    03/11/2023
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