The Snapshot vote favored the aggressive option, setting slope1 at 14%. However, given the anticipated reduction of DSR to 13%, we suggest adopting the conservative option in the AIP. To streamline governance and expedite IR updates, we propose implementing the conservative option through an AIP, without an additional Snapshot vote, adjusting slope1 to 12%.
Acknowledging the dynamic nature of rates, we continue to monitor and provide recommendations as needed.