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Synthetix · closed proposal

SCCP-209: Update Synth Loans Backed by ETH

0x1A7f…293A·ended 4y ago
Voters
7
SNX voted
7
≈$2
Token price
$0.22

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Voting results

sYES6 (85.7%)
iNO1 (14.3%)
7 SNX · ≈$2 · 7 votersblock 15084302

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Full proposal

Original markdown · Synthetix

SCCP-209 proposes the following updates:

  • Lower the baseBorrowRate to 1 bp from 300 bp
  • Lower the issueFeeRate to 0 from 25 bp
  • Lower the utilizationMultiplier to the lowest possible number of 1 wei instead of 1 (1e18) Are you in favor of this decision?

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