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Compound proposes to increase the UNI supply cap by 8 million tokens through Proposals 218 and 219
2024/02/29 13:11
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%.
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