Wing Finance Governance Vote: sUSD Collateral Factor Adjustment
Wing Finance Governance Vote: sUSD Collateral Factor Adjustment
馃毃 sUSD Safety Check Required
Wing Finance has initiated a critical governance vote (WIP-77) to address security concerns regarding sUSD. The proposal aims to:
- Set sUSD collateral factor to 0%
- Disable sUSD supply and borrow functions
This protective measure comes in response to irregular price fluctuations that could pose risks to user assets. The vote follows a similar previous action on BUSD pools, demonstrating Wing's ongoing commitment to risk management.
Voting Details:
- Deadline: August 11, 08:00 UTC
- Vote at: Wing Finance Governance
Users are encouraged to participate in this important governance decision.
馃毃 Wing Finance Governance Vote Live 馃毃 WIP-77: Set sUSD Collateral Factor to 0% + disable sUSD supply/borrow. Reason: Irregular sUSD price fluctuations = risk to user assets. 馃搮 Ends: Aug 11, 08:00 UTC Vote here: wing.finance/votedetails/77
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