# LBS Blockchain Society Delegate Platform

**URL:** <https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254>\
**Category:** Delegate Platforms\
**Created:** [October 12, 2022, 4:32pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254 "2022-10-12T16:32:11Z")\
**Posts on this page:** 1\
**Showing post:** 232

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**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [May 3, 2023, 7:51pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/232 "2023-05-03T19:51:38Z")

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**[ARFC] Aave V2 Interest Rate Curve Changes (2023-04-21)**

_Vote Result_: YES

_ **Rationale** _

With reasonable elasticity estimation for Aave users, we believe that the model will work efficiently in explaining the short-term and long-term effects after the IR rate changes. The proposed IR curves are well-balanced between risk and revenue, incorporating the recent utilization rate accordingly. Therefore, we will vote YES in favour of this proposal.

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_[View the full topic](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254)._