Compound received support from Polychain Capital and passed two proposals, 210 and 211
Compound Governance has disclosed two new proposals, 210 and 211, on social media and both have received support from Polychain Capital and Wintermute Governance. Proposal 211 will adjust several parameters of cUSDCv3 on Ethereum and Polygon, mainly increasing the parameters related to annual borrowing and annual supply interest rates. Proposal 210 aims to adjust the reward distribution of the sixth phase of compound v2 Deprecation, reducing the daily COMP DAI supply reward from 111.20 to 25 and the daily COMP DAI borrowing reward from 111.20 to 25.
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
Leading Crypto Presale: Nexchain’s Stage 11 Hits $1.5M with $NEX at $0.042
You can participate in the ongoing Nexchain's presale and gain exposure to one of the leading AI crypto projects before the major exchanges.

Ethereum’s “Trillion Dollar Security” Boosts Onchain Safety
Ethereum Foundation unveils "Trillion Dollar Security" to enhance wallet, UX, and smart contract security.A Step Toward Mass Adoption

Tokenized U.S. Equities: Breakthrough or Just Hype?
Are tokenized U.S. equities the future or just noise? Explore their roots, market trends, and regulatory roadblocks.Where It All Began: From STOs to Tokenized StocksRegulatory Hurdles and the Real-World GapSymbolic Progress, Real Potential

Tether Launches QVAC: A Private, AI-Powered Platform
Tether unveils QVAC, an AI platform focused on privacy, running locally without centralized service dependence.Tether Unveils QVAC: Privacy-Focused AI PlatformLocal AI for Maximum ControlA New Chapter in Tether’s Expansion

Trending news
MoreCrypto prices
More








