Add Collateral Factors for MKR, SUSHI, AAVE, YFI, & LINK
01Summary
Set initial collateral factors for five tokens previously added to Compound with 0% collateral factor: MKR (35%), SUSHI (40%), AAVE (50%), YFI (35%), and LINK (50%). These conservative factors can be updated in 2-3 months as markets stabilize.
- Type
- parameter change
Key changes
- Set MKR collateral factor to 35%(medium)
- Set SUSHI collateral factor to 40%(medium)
- Set AAVE collateral factor to 50%(medium)
- Set YFI collateral factor to 35%(medium)
- Set LINK collateral factor to 50%(medium)
Notable concerns
- Collateral factors are intentionally conservative and subject to change in 2-3 months as markets stabilize
Generated by Kvorum
02Description
Add Collateral Factors for MKR, SUSHI, AAVE, YFI, & LINK
Compound Proposal 53, 54, & 46 added MKR, SUSHI, AAVE, YFI, & LINK to the protocol with a collateral factor of 0. Now that each market has been safely added to the protocol, it is time to set initial collateral factors. Each of the collateral factors chosen is conservative and can likely be updated in 2-3 months once the markets stabilize.
MKR: 35% SUSHI: 40% AAVE: 50% YFI: 35% LINK: 50%
03Mismatch analysis
The proposal describes setting collateral factors for five markets (MKR 35%, SUSHI 40%, AAVE 50%, YFI 35%, LINK 50%). The decoded calldata consists of five _setCollateralFactor calls to the same Comptroller address, each targeting the well-known cToken address for MKR, SUSHI, AAVE, YFI, and LINK respectively, with values of 350000000000000000, 400000000000000000, 500000000000000000, 350000000000000000, and 500000000000000000 wei (18-decimal fixed point), which convert exactly to 35%, 40%, 50%, 35%, and 50%. Each action's target cToken and percentage value matches the corresponding claim in the description in both order and magnitude. No extra actions, omitted actions, or value/target mismatches were found. The proposal is a straightforward, single-purpose parameter update consistent with its description.
Generated by Kvorum
04Actions
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _setCollateralFactor(address,uint256)
- Arguments
{ "0": "0x95b4eF2869eBD94BEb4eEE400a99824BF5DC325b", "1": "350000000000000000" }- Calldata
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _setCollateralFactor(address,uint256)
- Arguments
{ "0": "0x4B0181102A0112A2ef11AbEE5563bb4a3176c9d7", "1": "400000000000000000" }- Calldata
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _setCollateralFactor(address,uint256)
- Arguments
{ "0": "0xe65cdB6479BaC1e22340E4E755fAE7E509EcD06c", "1": "500000000000000000" }- Calldata
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _setCollateralFactor(address,uint256)
- Arguments
{ "0": "0x80a2AE356fc9ef4305676f7a3E2Ed04e12C33946", "1": "350000000000000000" }- Calldata
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _setCollateralFactor(address,uint256)
- Arguments
{ "0": "0xFAce851a4921ce59e912d19329929CE6da6EB0c7", "1": "500000000000000000" }- Calldata
05Tally
Summed from votes
06Voters
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07Forum
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