📡 Protocol
Type of Vote
On-chain
Our Vote
For
Rationale
Since LINK and UNI exhibit high volatility, the revision of the Liquidation Factor and Collateral Factor enables faster liquidations, reducing the platform's loss risk. Additionally, raising the liquidation penalty incentivizes liquidators, making the process more efficient and improving risk management. Furthermore, as the utilization rates of the supply caps are significantly low, reducing the supply caps is unlikely to negatively impact market liquidity or borrowing demand. The impact on positions with increased liquidation risk is also limited, making this proposal reasonable.
Vote Date
November 23, 2024