On January 12, the RWA stablecoin project Commonal announced that it has set appropriate caps for all Morpho markets and strongly recommends that users migrate their positions to the new market as soon as possible. Rewards in the original market have been abolished, and liquidation and bad debt commitments have been limited to capped vaults.
Fashial said it had successfully protected lenders in its vaults from bad debt, but did not recommend continuing to lend directly to the market. In addition, Fashial clarified that any custodians, including MEV Capital, were not aware of the reserve price execution until the on-chain update.
Previously, in response to the USD0 ++ de-anchoring, Commonal issued a document yesterday saying that it is actively ensuring that there are no bad debt problems in the current lending market. All liquidation proceeds will flow directly into the DAO treasury, ultimately benefiting USUAL holders.
Commonal: Appropriate caps have been set for all Morpho markets
2025-01-12 02:11:29
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
Usual:已为所有Morpho市场设置适当上限Next article:
肯尼亚加密立法草案将在 1 月 24 日前公开征求公众意见