Compound: Proposal 187 Passed and Plans to Sell ZRX and BAT in Compound V2 Reserves to Reduce On-Chain Slippage
Compound has announced that Proposal 187, the "Aera Pilot Proposal," has been approved by the community. This proposal will adjust the reserve funds of the Compound V2 protocol, which currently includes ZRX and BAT. It is reported that this proposal will use on-chain platforms to sell ZRX and BAT reserves and will continue to retain the profits in the volatility target investment portfolio, thereby minimizing on-chain slippage.
In the future, the Aera protocol will also periodically rebalance Compound's investment portfolio according to market conditions. This proposal is expected to be implemented within the next two days.
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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