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Adjust BAT, ZRX collateral factors


Proposal ID

38

Proposed

Feb 11th, 2021

Result details

17 addresses

259.28K votes

15.92K

7.68K

Final Votes

Quorum

259.28K of 400K

Majority support

Yes

For

259.28K

Against

5K

Abstain

0

Actions

Type

Address

Details

Custom

0x3d98...Cd3B

_setCollateralFactor(..)

Custom

Account

0x3d98...Cd3B

Method

_setCollateralFactor(..)

Custom

0x3d98...Cd3B

_setCollateralFactor(..)

Custom

Account

0x3d98...Cd3B

Method

_setCollateralFactor(..)

Proposal

Summary

We’re excited to propose changes to the Compound protocol that will improve capital efficiency for borrowers. We’ve run extensive stress tests of the protocol, the results of which we have shared here. These results identify BAT and ZRX as two of the lowest risk collateral assets, and we are increasing the collateralFactor for these two assets to allow users to better take advantage of these markets.

Final Votes

Quorum

259.28K of 400K

Majority support

Yes

For

259.28K

Against

5K

Abstain

0

Final Votes

17 addresses

259.28K votes

15.92K

7.68K

Status

Thu Feb 11, 08:54 pm

Published onchain

Thu Apr 29, 12:54 pm

Voting period started

Sat May 1, 10:30 pm

Voting period ended

Quorum not reached