Compound announced recommendations to increase WBTC loan rates by 75%.

2021-1-15 10:28
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Communities have launched a proposal to increase the WBTC mortgage coefficient from 60% to 75%, according to the findings of the January 15 joint governance meeting. The strategy raised WBTC lending rates to 75% in line with WBTC announcements, improving liquidity and infrastructure. The last WBTC mortgage review is known to have taken place on September 30, 2020, and the compound has become a target to increase WBTC loans from 40% to 60%.

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