Proposal #139
Passed on 15 Aug 2024 with 100.0% of the votes for yes.
Yes
100.0%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
15 Aug 2024
99.97%
of votes cast
0.03%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
The goal of this proposal is to modify the lending dynamics of the Neutron Noble USDC pool on the Nolus mainnet. As it stands, the pool operates with no minimum utilization threshold, allowing for unrestricted new deposits. This condition can diminish the yields for existing lenders by diluting the returns.
This proposal intends to establish a minimum utilization threshold of 65% for the pool. The key advantages of this change include:
Enhanced Yields for Lenders: By limiting new deposits until the pool's utilization reaches 65%, lenders will potentially benefit from higher returns.
Optimized Utilization Rates: Implementing a threshold closer to the optimal utilization rate of 70% similarly to the other three stablecoin pools.
By voting "YES" on this proposal, you agree to make these adjustments to the Neutron Noble USDC LPP (liquidity providers' pool) smart contract and allow the protocol to raise the minimum utilization threshold to 65%.