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Proposal #156

Adjust LPP Parameters (Osmosis stATOM)

PassedSudo Contract

Passed on 30 Aug 2024 with 100.0% of the votes for yes.

Yes

100.0%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

30 Aug 2024

The ballotvotes cast · final tally
Yes

100.00%

of votes cast

Abstain

0.00%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

Summary

The goal of this proposal is to modify the parameters of the lending pool (LPP) smart contract for the Osmosis stATOM integration on the Nolus Pirin mainnet.

Proposed Changes

  • Base Interest Rate: The base interest rate for borrowing is proposed to be 6%.

  • Optimal Utilization: The proposed optimal utilization threshold is 70%, identical to the other existing lending markets.

By voting "YES" on this proposal, you agree to make these adjustments to the Osmosis stATOM LPP smart contract.

Timeline

  1. Submitted27 Aug 2024
  2. Voting started27 Aug 2024
  3. Voting ended30 Aug 2024
  4. Deposit deadline06 Sept 2024

Proposer

Address
nolus17r…e3u8xv
Deposit5.0K

Rules

Not recorded for this proposal.