WBTC-C Added As Collateral by The Maker Protocol

As per the outcome of this poll voted by the Maker Governance on November 22d, the proposal of WBTC (Wrapped Bitcoin) to be onboarded as the vault type WBTC-C is available for execution from Nov 29.
This will allow for increasing your WBTC exposure with a higher Liquidity Ratio but a lower Stability Fee.

This new WBTC-C ilk will allow you to get multiples up to 2.3x. If you would like to open a WBTC-C multiply vault yourself, you can do so now, here

With a Liquidation Ratio set to 175% and a SF of 1.5%, WBTC-C is now the best version of WBTC to be used on Oasis.app Multiply for low multiples, or long-term borrowing.

Read below to see which will be all the parameters for WBTC-C voted by the Maker Governance:

Liquidation Parameters

Liquidation Limits

November 29, 2021

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