Express

Compound Proposal 011 Executed

Tracy CHEN

Summary: Compound announced on Twitter on July 3 that the Proposal 011 has been executed. “The protocol is now allocating COMP across markets based on borrowing volume (and not interest rates),” the team said.Last week, community members submitted the Proposal 011, which aims to remove the influence of the interest rates of lending upon COMP allocation and ...

Compound announced on Twitter on July 3 that the Proposal 011 has been executed. 
“The protocol is now allocating COMP across markets based on borrowing volume (and not interest rates),” the team said.
Last week, community members submitted the Proposal 011, which aims to remove the influence of the interest rates of lending upon COMP allocation and reduce griefing risks.

Tracy Chen

Last Update:

Tags:
Link: Compound Proposal 011 Executed   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 13 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago
  • You need to login to comment.