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Proposal #237

Adjust Leaser Parameters (Osmosis allBTC)

PassedSudo Contract

Passed on 20 Jan 2025 with 100.0% of the votes for yes.

Yes

100.0%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

20 Jan 2025

The ballotvotes cast · final tally
Yes

99.99%

of votes cast

Abstain

0.01%

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 Leaser smart contract for the Osmosis allBTC integration on the Nolus Pirin mainnet.

Proposed Changes

  • Protocol Interest Increase: Margin interest rate (revenue for the protocol) is increased from 1.5% to 2.5%. That way the total interest that an allBTC borrower (short seller) may pay will vary between 3.3% and 10% compared to the previous 2.3% and 5%.

Impact

These changes will apply to all new leases in allBTC.

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

Timeline

  1. Submitted17 Jan 2025
  2. Voting started17 Jan 2025
  3. Voting ended20 Jan 2025
  4. Deposit deadline27 Jan 2025

Proposer

Address
nolus17r…e3u8xv
Deposit10.0K

Rules

Not recorded for this proposal.