Gauntlet has proposed that FEI begin its offboarding from the Compound protocol.
If you have supplied or borrowed FEI from Compound, please be aware that borrowing will soon be disabled, and a follow-up proposal may significantly modify the interest rates for suppliers and borrowers.
As an update - in the coming weeks, the Compound community plans on pausing FEI supply and setting the reserve factor to 100%. This will allow all borrowing positions to be immediately closed. We wanted to provide this notice ahead of time. To avoid having your position closed, we’d recommend FEI borrowers on Compound repay their positions as soon as possible.