Also adding a poll here as a temperature check to gauge support for LT reductions across $DAI and $USDC. This would be separate from the proposal to disable borrows above. These recommendations propose to reduce LT by 3%, in line with the Rate of Change Consensus Framework. If sentiment is positive this reduction should include several days notice to give users the opportunity to top up or unwind positions.
| $USDC | LT = 86% |
|---|---|
| Accounts Liquidated | 168 |
| Liquidation Value | ~1.15M USDC |
| User loss (penalty) | ~50K USDC |
- Reduce Liquidation Threshold to 86%, LTV to 84%
- No Change
0 voters
| $DAI | LT = 87% |
|---|---|
| Accounts Liquidated | 11 |
| Liquidation Value | ~$1.3K DAI |
| User loss (penalty) | ~50 DAI |
- Reduce Liquidation Threshold to 87%
- No Change
0 voters