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
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
Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
Ethereum developers to end support for Holesky testnet in September Ethereum developers to end support for Holesky testnet in September
Latest News More More
8 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
8 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance

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