executedEnded 5 years ago · Onchain
Adjusting Reserve Factors
By 0x54A3...61E189Continue Reading
Reserve Factor was changed several times to mitigate market risks; it is time to adjust them to the current market.
What is Reserve Factor?
The Reserve Factor is a percentage of the borrowers paid interest which can be used by the governance or act as an insurance against borrower default which protects all the suppliers.
Increased Reserve Factor
- USDC 5% to 7.5%
- DAI 5% to 15%
- ETH 10% to 20%
- WBTC 10% to 20%
- UNI 20% to 25%
- COMP 20% to 25%
Decreased Reserve Factor
- USDT 20% to 7.5%
- BAT 50% to 25%
- ZRX 50% to 25%
This proposal includes a community member Autonomous Proposal that explains the DAI market risk.
Reference Links
Connect Wallet to Add Note
0Votes 53
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xeD40...5608fF | 325,750 | FOR |
 0x6626...15c35c | 125,093 | FOR |
 0x54A3...61E189 | 100,053 | FOR |
 0x7e4A...8B19Fa | 100,020 | FOR |
 0x1d29...Da5D1f | 50,009 | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Published Onchain0x54A3...61E189
- Mon December 07 2020, 09:48 pmVoting Period Starts
- Thu December 10 2020, 01:30 pmEnd Voting Period
- Thu December 10 2020, 01:42 pmQueue Proposal
- Sat December 12 2020, 02:10 pmExecute Proposal
Current Results
1-FOR
856,226.4
2-AGAINST
14.617