cDAI (CDAI)

cdai cDAI (CDAI)

$0.0213
0.14% (24H)
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Market CapVolumeAvailable Supply
$2.61 B $11.66 M122.73 B CDAI

cDAI (CDAI) has a marketcap of $2.61 B. Its price is 0.14% up in the last 24 hours.


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Date Price Volume MarketCap
# Exchange Pair Price Volume (24h) Updated

Proposal 039 by @gauntletnetwork updates several collateral factors:

BAT: 60% -> 65%
ZRX: 60% -> 65%
WBTC: 75% -> 65%

⚠️ Users providing WBTC as collateral should monitor this vote.

Discussion: https://www.comp.xyz/t/zrx-bat-and-wbtc-parameter-update/1244
Proposal: https://compound.finance/governance/proposals/39

Today, we're proud to announce a prototype based on the Compound Chain whitepaper:

Gateway is a cross-chain interest rate market that allows you to borrow assets native to one chain (e.g. ETH), with collateral from another chain (e.g. CELO).

https://medium.com/compound-finance/gateway-623f6f48d2b6

Today, there is $10 Billion supplied to the Compound protocol, earning interest.

When we first built Compound, this number was a fantasy; #DeFi was not a term; and the idea of a smart contract autonomously managing assets was almost absurd.

Onwards 📈

Proposal 038 by @gauntletnetwork adjusts the $BAT and $ZRX collateral factors from 60% to 65%, to improve capital efficiency for borrowers.

Discussion: https://www.comp.xyz/t/risk-parameter-update-february-2021/1144
Proposal: https://compound.finance/governance/proposals/38

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