Proposals

Proposals

/

Proposal

Executed

Update interest rate strategy for USDC reserve

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by

by

0xD4cC9D4d4cbF16284bF77C1d648241fF4...

0xD4cC...4F8b

ID 103650...2474

ID 103650...2474

Proposed on: Dec 8th, 2023

Proposed on: Dec 8th, 2023

Votes

Actions

Type

Address

Details

Custom

0x4974...e21B

setReserveInterestRateStrategyAddress(..)

Custom

Account

0x4974...e21B

Method

setReserveInterestRateStrategyAddress(..)

Proposal

This update increases baseVariableBorrowRate from 5% to 5.1% so that at 98% utilization and 20% reserve factor LP APR will be 4%

Votes
Status