[ARFC] Gauntlet Recommendations to Lower stMATIC/MaticX Non-emode LT/LTV on Polygon v3
Vote Result: Option 1
Rationale
Option 1 provides a good precursor to the changes in LT and LTV required to secure Polygon v3 and can be a sign for users to start shifting whilst the reduction can be an ongoing process. In Option 2, the liquidation threshold is high with $26k being liquidated instead of $10k. Depending on how the market swings in the future there may have to be revisions to this to increase LT and LTV. Therefore, we will vote YES in favour of Option 1.
Note: We were not able to execute our vote on this Snapshot since our voting power was migrated to a new address after the Snapshot was created. We have communicated our vote and rationale here for the sake of transparency.