MakerDAO moves to expand collateral assets and upgrade liquidation engine

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The new liquidation engine has been designed to offer Maker’s users greater predictability and security.
Decentralized lending and stablecoin protocol MakerDAO has opened governance voting to allow new tokens as collateral.A number of new collateral types have been proposed for MakerDAO, potentially increasing the number of digital assets that can now be used to mint its stablecoin, DAI. Voting began on April 19 and will run for fourteen days.Seven tokens have been suggested as collateral for the Maker, including Moss Carbon Credit (MCO2), Rocket Pool’s staked Ethereum (rETH), the 1inch decentralized exchange token (1INCH), and the BadgerDAO Sett token (bBADGER).Three liquidity provider, or LP, tokens are also being voted on as prospective collateral, including SushiSwap’s DAI/USDC LP token, Uniswap’s DAI-PAX LP token, and Uniswap’s GUSD-DAI LP token. If approved, these assets will be able to be deposited as coll

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Źródło: https://cointelegraph.com/news/makerdao-moves-to-expand-collateral-assets-and-upgrade-liquidation-engine

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