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Compound has voted to pass proposals 215 and 216, adding 5850 COMP tokens to the Base CometRewards contract

Compound has voted to pass proposals 215 and 216, adding 5850 COMP tokens to the Base CometRewards contract

2024/02/11 13:51

According to the Compound governance page, proposals 215 and 216 put forward by Gauntlet have both been voted through.

Proposal 215 suggests increasing the liquidation penalty rate of COMP on Ethereum V3 from 12% to 25%.

Proposal 216 proposes adding 5850 COMP tokens to the CometRewards contract on the Base chain.

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.

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