Reduce MKR Borrow Limit
01Summary
Reduce the MKR borrow limit on Compound from 25,000 MKR to 5,000 MKR to improve governance security and reduce ecosystem risk, with minimal impact on typical usage patterns.
- Type
- parameter change
Key changes
- MKR borrow limit reduced from 25,000 MKR to 5,000 MKR on Compound(high)
Generated by Kvorum
02Description
Reduce MKR Borrow Limit
Summary
This proposal reduces the MKR market's borrow limit from the current value of 25,000 MKR to 5,000 MKR.
Reasoning
Lowering the borrow limit makes it more difficult for malicious parties to interfere with MakerDAO governance. This should reduce the likelihood of disruption to Compound's DAI and MKR markets, and also minimize risk to the wider defi ecosystem.
MKR is not frequently borrowed, and based on historical demand across Aave and Compound this 5,000 token limit is unlikely to limit typical usage.
See the full discussion here.
03Mismatch analysis
The proposal claims a single action: lowering the MKR market's borrow cap on Compound to 5,000 MKR. The calldata contains exactly one action calling _setMarketBorrowCaps with a single address (the MKR cToken market) and a single value of 5000000000000000000000, which after adjusting for 18 decimals equals 5,000 MKR — matching the described target value exactly. There is no mention of the prior 25,000 MKR value in the calldata, but that's expected since the function only sets the new cap, not the delta; the description's mention of the old value is contextual reasoning, not a calldata claim to verify. No extra actions, no target mismatches, and no omitted or misleading elements were found. The action count, target, and numeric value all align cleanly between prose and calldata.
Generated by Kvorum
04Actions
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _setMarketBorrowCaps(address[],uint256[])
- Arguments
{ "0": [ "0x95b4eF2869eBD94BEb4eEE400a99824BF5DC325b" ], "1": [ "5000000000000000000000" ] }- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.