Compound suspends four tokens with low liquidity as lending assets

Decentralized lending protocol Compound is pausing the use of four tokens as lending collateral on the platform. This means that the protocol will not allow users to deposit these assets and take loans, in order to protect the protocol from market manipulation attacks.

Compound’s governance members approved Proposal-131, which asked to pause assets with low liquidity from being used as lending collateral, on Monday. The tokens are 0x (ZRX), basic attention token (BAT), maker (MKR) and yearn finance (YFI). The members passed the proposal with overwhelming support, with 554,126 votes in favor of it, representing 99.99% of the votes. Only a single voter went against the proposal.

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