Compound received support from Polygon Capital and others and passed proposals 206 and 207, which will adjust the cUSDCv3 parameters on the Base and Arbitrum chains.

Compound announced on the Proposal 206 aims to solve the problem that the Polygon CometRewards contract is close to exhaustion. To ensure continuity, the proposal will allocate an additional 8,334 COMP tokens in the contract; according to Proposal 207, the cUSDCv3 parameters on the six Base and Arbitrum chains will be The adjustments are as follows: 1. Increase the low level of the annual borrowing rate slope from 0.035 to 0.053; 2. Increase Borrow Kink from 0.8 to 0.85; 3. Increase the annual borrowing rate slope peak from 0.25 to 1.8; 4. Increase the annual supply rate slope low from 0.0325 to 0.048; 5. Increase Supply Kink from 0.8 to 0.85; 6. Increase the annual supply rate slope peak from 0.4 to 1.6.