avatar

BendDAO's New Proposal BIP#10 Suggests Adjusting Implementation Plans of Liquidation Thresholds and Auction Duration

The NFT Lending Protocol BendDAO community released a new proposal BIP#10 that suggests voting and implementing in phases for both Liquidation Threshold and Auction Duration. In particular, when the liquidation threshold reaches 80%, new voting for the Liquidation Threshold of 75% and 70% will be initiated. And two additional votes will be initiated to decide the suitable Auction Duration.
Source

NFT

Lending

DeFi

Ethereum

In This Article

Related News
Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem Interchain Labs launches IBC Eureka to connect Ethereum to the Cosmos ecosystem
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
Latest News More More
14 Hours Ago Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
2 Days Ago Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
2 Days Ago Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
April 29 Circle secures in-principle approval to operate as money services provider in Abu Dhabi
April 29 Mastercard moves to integrate stablecoins into global payments network

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open