nolus

Prop 293: Adjust LPP Parameters (OSMO Short Market)

Summary

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

Proposed Changes

  • Base Interest Rate: The base interest rate for borrowing is proposed to be 1% with a slope parameter of 3%. Together with a protocol interest of 3%, the fixed interest rate for borrowers is set to vary between 4% and 14% depending on the utilization levels.

  • Optimal Utilization: The proposed optimal utilization threshold is 70%, identical to the other existing lending markets.

By voting "YES" on this proposal, you agree to make these adjustments to the Osmosis OSMO LPP smart contract.