nolus

Prop 224: Adjust LPP Parameters (Osmosis allSOL)

Summary

The goal of this proposal is to modify the parameters of the lending pool (LPP) smart contract for the Osmosis allSOL integration on the Nolus Pirin mainnet.

Proposed Changes

  • Base Interest Rate: The base interest rate for borrowing is proposed to remain at 1.5%.

  • Add-on Interest Rate: The proposed interest rate slope parameter is to be increased from 1.5% to 4%. This way the loan interest for allSOL will vary between 1.5% and 14.83% instead of the current 1.5% to 6.5% range.

By voting "YES" on this proposal, you agree to make these adjustments to the Osmosis allSOL LPP smart contract. These changes would be applicable only to newly opened lease positions.