Compound: Proposal 217 passed, plans to lower the collateral factor parameters of 8 tokens in the V2 protocol

According to ChainCatcher, Compound Proposal 217 has reached the quorum and has been passed. The proposal will reduce the eight collateral factor parameters of the Compound V2 protocol and is expected to be implemented in the next two days.

- Reduced AAVE collateralization factor from 43% to 38%;

- Reduce the BAT collateral factor from 50% to 45%;

- Reduce COMP collateral factor from 30% to 25%;

- Reduced LINK collateral factor from 49% to 44%;

- Reduced MKR collateral factor from 43% to 38%;

- Reduce the SUSHI collateral factor from 37% to 32%;

- Reduce the YFI collateral factor from 45% to 40%;

- Reduced ZRX collateral factor from 35% to 30%.