Pending queue

Risk Parameters Adjustment & Epoch Reward Allocation


Proposal ID

64

Proposed

Nov 24th, 2023

Result details

2 addresses

58.63M votes

Final Votes

Quorum

58.63M of 20M

Majority support

Yes

For

58.63M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xb130...2f4c

_setCollateralFactor(..)

Custom

Account

0xb130...2f4c

Method

_setCollateralFactor(..)

Custom

0xb130...2f4c

_grantANN(..)

Custom

Account

0xb130...2f4c

Method

_grantANN(..)

Custom

0xb130...2f4c

_setCollateralFactor(..)

Custom

Account

0xb130...2f4c

Method

_setCollateralFactor(..)

Custom

0xb130...2f4c

_setCollateralFactor(..)

Custom

Account

0xb130...2f4c

Method

_setCollateralFactor(..)

Proposal

Based on community request, team have decided to restart the ANN Holding Reward for both BNBChain and CronosChain. 20M each will be allocated from the lending rewards.

We are also doing the below adjustments on BNBChain to adjust our Risk Parameters. We are bringing down the CF of ANN LP to 10%. #TRX to 10%, #TUSD to 10%. #ANN5 to 20% & BUSD to 30%

We believe these adjustment will encourage the borrower to pay off the debt and suppliers to withdraw their assets from the Protocol.

Final Votes

Quorum

58.63M of 20M

Majority support

Yes

For

58.63M

Against

0

Abstain

0

Final Votes

2 addresses

58.63M votes

Status

Fri Nov 24, 04:57 am

Published onchain

Sat Aug 5, 06:08 am

Voting period started

Tue Aug 8, 06:08 am

Voting period ended

Proposal succeeded