Prop 257: 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

• Add-on Interest Rate Adjustment: The add-on (slope) borrow interest rate is proposed to be increased from 2% to 2.6%. The loan interest rate portion would vary between 6% at 0% utilization and 14.6% at the optimal utilization threshold or above. This will raise the max yield that lenders could get to above 14.6% from the current 12.6% level.

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