Memo 0x8cbaa74d…d83db9 on Ethereum

0x8d07d225…a265sent to0xc0da0293…65292022-04-01·#14,502,549·view on Etherscan

# Reduce MKR Borrow Limit ### Summary This proposal reduces the MKR market's borrow limit from the current value of 25,000 MKR to 5,000 MKR. ### Reasoning Lowering the borrow limit makes it more difficult for malicious parties to interfere with MakerDAO governance. This should reduce the likelihood of disruption to Compound's DAI and MKR markets, and also minimize risk to the wider defi ecosystem. MKR is not frequently borrowed, and based on historical demand across Aave and Compound this 5,000 token limit is unlikely to limit typical usage. See the full discussion [here](https://www.comp.xyz/t/reducing-mkr-borrow-cap/2959).

unknown sendersent to0xc0da0293…65292022-04-01·#14,502,549·view on Etherscan

_setMarketBorrowCaps(address[],uint256[])# Reduce MKR Borrow Limit ### Summary This proposal reduces the MKR market's borrow limit from the current value of 25,000 MKR to 5,000 MKR. ### Reasoning Lowering the borrow limit makes it more difficult for malicious parties to interfere with MakerDAO governance. This should reduce the likelihood of disruption to Compound's DAI and MKR markets, and also minimize risk to the wider defi ecosystem. MKR is not frequently borrowed, and based on historical demand across Aave and Compound this 5,000 token limit is unlikely to limit typical usage. See the full discussion [here](https://www.comp.xyz/t/reducing-mkr-borrow-cap/2959).