Chaos Labs supports these interest rate curve adjustments and will begin implementing them through the risk steward, adhering to smart contract constraints. The rationale and intended outcomes are detailed in this and this AGRS update.
AGRS Specification
As GHO Prime is currently under timelock, we will perform the following interest rate update for USDS through the risk steward:
| Instance | Asset | Parameter | Current | Proposed |
|---|---|---|---|---|
| Ethereum Core | USDS | Base | 8.25% | 7.75% |
Disclaimer
Chaos Labs has not been compensated by any third party for publishing this AGRS recommendation.
Copyright
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