Changing SAI collateral factor to 0%
01Summary
Proposal to reduce SAI's collateral factor from 35% to 0% to complete the community-committed deprecation process of SAI. This change would trigger liquidations on some analyzed accounts holding SAI.
- Type
- parameter change
Key changes
- SAI collateral factor reduced from 35% to 0%(high)
Notable concerns
- Reduction from 35% to 0% collateral factor would cause liquidations on analyzed accounts holding SAI
Generated by Kvorum
02Description
Changing SAI collateral factor to 0%
The Compound community committed to a process of deprecating SAI, by reducing the Collateral Factor each week. To reduce governance complexity during the COMP Distribution launch, weekly SAI proposals were skipped. This proposal completes the process, by reducing SAI's Collateral Factor to 0%.
Collateral Factor
- Current Collateral Factor 35%
- Proposed Collateral Factor 0%
Going from 35% to 0% with the current market prices would cause some liquidations on the analyzed accounts.
Analysis

(The list does not contain accounts that hold less than 50 SAI)
03Mismatch analysis
The proposal describes a single action: reducing SAI's Collateral Factor from 35% to 0%. The decoded calldata contains exactly one action calling _setCollateralFactor with the cSAI market address and a new factor of 0 (raw uint256 value '0', which corresponds to 0%). This matches the described action precisely in both target market and final value. No additional actions, transfers, role changes, or other side effects are present in the calldata beyond this single parameter change, so there is nothing omitted or extra relative to the description. The description does not specify numeric encoding, but 0 unambiguously maps to 0% collateral factor, consistent with the stated target. Given the single, clear, and matching action, I assess this proposal as consistent with high confidence.
Generated by Kvorum
04Actions
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _setCollateralFactor(address,uint256)
- Arguments
{ "0": "0xF5DCe57282A584D2746FaF1593d3121Fcac444dC", "1": "0" }- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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