nolus

Prop 122: Adjust Leaser Parameters (Osmosis Noble USDC)

Summary

The goal of this proposal is to modify two parameters of the Leaser smart contract on the Nolus Pirin mainnet.

Proposed Changes

  • Interest Due Period: Currently, interest is due in 60 days instead of the originally planned 14 days. Through this proposal the due period will be reduced to 18 days.

  • Protocol Interest Rate: In addition, the margin or protocol interest rate is currently set to 3%. This proposal aims to increase it to 4%, identically to the one for the remaining two active protocols.

Impact

These changes will apply to all new leases, not to the existing ones.

By voting "YES" on this proposal, you agree to make these adjustments to the Osmosis Noble USDC Leaser smart contract. These changes will be relevant for all new leases, not for the existing ones.