Proposal #293
Passed on 30 May 2025 with 100.0% of the votes for yes.
Yes
100.0%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
30 May 2025
100.00%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
The goal of this proposal is to modify the parameters of the lending pool (LPP) smart contract for the Osmosis OSMO integration on the Nolus Pirin mainnet.
Base Interest Rate: The base interest rate for borrowing is proposed to be 1% with a slope parameter of 3%. Together with a protocol interest of 3%, the fixed interest rate for borrowers is set to vary between 4% and 14% depending on the utilization levels.
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 OSMO LPP smart contract.