| sccp | network | title | author | status | created | proposal | type |
|---|---|---|---|---|---|---|---|
2089 |
Ethereum & Optimism |
Update Loan Parameters |
Kaleb (@kaleb-keny) |
Implemented |
2024-03-05 |
Governance |
This SCCP proposes to update the issueFeeRate on loans to 40% from 1%
issueFeeRate is the rate charged on drawing down on existing loans
Despite the recent parameter changes, loans are still being tapped in order to draw out sUSD liquidity which leans on monetary policy changes that aim to control the debt pool skew. The parameter change proposed in this SCCP significantly discourages more sUSD liquidity being drawn out from legacy loans.
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