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Memo 0x4308d711…897a81 on Ethereum

_setReserveFactor(uint256)_setBorrowPaused(address,bool)# Risk Parameter Changes for FEI ## Simple Summary A proposal to adjust risk parameters for FEI as follows: * Pause FEI borrowing. * Set reserve factor to 99%. ## Background Details are provided in the governance forum posts regarding [FEI](https://www.comp.xyz/t/deprecate-fei-market/3513). ## Motivation In light of Tribe DAO’s proposal to enter a terminal state, the FEI market on Compound should be deprecated. Pausing FEI borrowing and setting a high reserve factor is the first step in winding down the FEI market. ## Specification - Sets the cFEI reserve factor to 99% by calling `_setReserveFactor` on the cFEI contract - Pauses borrowing on cFEI by calling `_setBorrowPaused` on the `Comptroller` contract, passing the cFEI address and true *By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.*
unknown sendersent to0xc0da0293…6529·#15,461,811·view on Etherscan
_setReserveFactor(uint256)_setBorrowPaused(address,bool)# Risk Parameter Changes for FEI ## Simple Summary A proposal to adjust risk parameters for FEI as follows: * Pause FEI borrowing. * Set reserve factor to 99%. ## Background Details are provided in the governance forum posts regarding [FEI](https://www.comp.xyz/t/deprecate-fei-market/3513). ## Motivation In light of Tribe DAO’s proposal to enter a terminal state, the FEI market on Compound should be deprecated. Pausing FEI borrowing and setting a high reserve factor is the first step in winding down the FEI market. ## Specification - Sets the cFEI reserve factor to 99% by calling `_setReserveFactor` on the cFEI contract - Pauses borrowing on cFEI by calling `_setBorrowPaused` on the `Comptroller` contract, passing the cFEI address and true *By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.*