Compound received support from Polychain Capital and passed two proposals, 210 and 211
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.
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.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.
OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.
New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More
