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Compound received support from Polychain Capital and passed two proposals, 210 and 211

Compound received support from Polychain Capital and passed two proposals, 210 and 211

CointimeCointime2024/01/09 03:39
By:Cointime

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.

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