nolus

Prop 229: Adjust LPP Parameters (Neutron Noble USDC)

Summary

This proposal aims to adjust the parameters of the Lending Pool (LPP) smart contract for the Neutron Noble USDC integration on the Nolus Pirin mainnet.

Proposed Changes

  • Base Interest Rate Adjustment: The base borrowing interest rate is proposed to be lowered from 8% to 6%. This adjustment aligns with the previously implemented increase in the protocol interest rate to 4%, ensuring that the maximum borrow APR at optimal utilization levels or above remains capped at 20.6%.

By voting "YES" on this proposal, you agree to make these adjustments to the Neutron Noble USDC LPP smart contract.