We recommend the following LT reductions after evaluating user positions and current market conditions.
| Asset | Current LT | Rec LT | Value Liquidated ($) | Accounts Liquidated |
|---|---|---|---|---|
| BAL | 55% | 35% | 450 | 2 |
| BAT | 52% | 40% | 606 | 2 |
| CVX | 40% | 35% | 225 | 3 |
| ENJ | 60% | 52% | 306 | 3 |
| MANA | 62% | 54% | 55 | 1 |
| REN | 40% | 32% | 480 | 1 |
| xSUSHI | 60% | 57% | 0 | 0 |
| YFI | 55% | 50% | 363 | 2 |
| ZRX | 45% | 42% | 0 | 0 |
| 1INCH | 50% | 40% | 0 | 0 |
| UNI | 77% | 70% | 75 | 2 |
| SNX | 59% | 49% | 58 | 3 |
| MKR | 64% | 50% | 243 | 4 |
| ENS | 57% | 52% | 296 | 3 |
| Total Value liquidated | Total Accounts liquidated | |
|---|---|---|
| Aggressive | $8,320 | 24 |
As these recommendations are more conservative than the “Aggressive” option which the community has previously voted on in the Snapshot vote, and to reduce governance overhead, we intend on moving directly to AIP, barring any community objections.
Please note that we have omitted LINK and DPI from this proposal, as reducing their LTs would put larger positions at risk of liquidation.
We have updated the Specification section in the original proposal to reflect the final recommendations of this proposal.