04:01 Aug 29, 2022 QiDAO Team's Proposal to Add Stablecoin MAI to Aave V3 on Polygon Gets Passed
The proposal released by the QiDAO Protocol team to add the stablecoin MAI to Aave V3 on Polygon got passed. The proposal suggested risk parameters of 75% LTV, 80% liquidation threshold, 10% reserve factor, and $2 million initial debt ceiling per chain.
Source Get the most concise crypto news, research, and insights by subscribing to our free newsletter.
Related News
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Radiant Capital hacker moves $52M in stolen funds 1 Day Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
2 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
2 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
5 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
