Thank you very much @ChaosLabs for help on the SupplyCap and BorrowCap recommendations:
We have updated our proposal to reflect the below:
| Parameter | Current | Proposed |
|---|---|---|
| Uoptimal | 45% | 75% |
| Base | 0% | 0% |
| Slope1 | 7% | 6.1% |
| Slope2 | 300% | 100% |
| Reserve Factor | 20% | 20% |
| Supply Cap | 32.88M | 47.00M |
| Borrow Cap | 9.23M | 39.95M |
The BorrowCap now uses the new SupplyCap as an input where as the previous post used the current SupplyCap. This increased the BorrowCap from 27.95M to 39.95M.
We will proceed to create a Snapshot to commence Monday with an AIP to follow early in the new year.