A Community Initiative: SIP-1850 - Free Zero. Reopen ZUSD minting in Zero Protocol with a 13% fee floor.
27 Nov 2023, 19:36
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A Community Initiative: SIP-1850 - Free Zero!
Reopen ZUSD minting in Zero Protocol with a 13% fee floor. The journey to reigniting Zero and boosting $SOV staker earnings.
More info on how the community wants to add value to Sovryn ⬇️
Same news in other sources
3SovrynSOV #604
27 Nov 2023, 19:37
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Sovryn's Bitocracy 3.0 redefines governance excellence!
Unmatched in the crypto space, we transcend the ordinary – while others play theatre, we lead the way.
Join the true innovators at Sovryn and experience the pinnacle of decentralized governance
Sovryn's Bitocracy 3. 0 redefines governance excellence.
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Sovryn's Bitocracy 3.0 redefines governance excellence!
Unmatched in the crypto space, we transcend the ordinary – while others play theatre, we lead the way.
Join the true innovators at Sovryn and experience the pinnacle of decentralized governance
SovrynSOV #604
27 Nov 2023, 19:37
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Proposed Changes:
Pending approval, the origination fee fluctuates from 13% to 100%.
Key update - "BORROWING_FEE_FLOOR" shifts from 99% to 13% in the Zero Protocol base parameters.
Explore the details ⬇️
Proposed Changes:. Pending approval, the origination fee fluctuates from 13% to 100%.
7/
Proposed Changes:
Pending approval, the origination fee fluctuates from 13% to 100%.
Key update - "BORROWING_FEE_FLOOR" shifts from 99% to 13% in the Zero Protocol base parameters.
Explore the details ⬇️
SovrynSOV #604
27 Nov 2023, 19:37
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What makes the community think that 13% is the optimal figure?
Striking a balance with DLLR interest rates, the chosen number aligns with the golden ratio. This fee ensures controlled ZUSD supply growth without deterring speculators.
What makes the community think that 13% is the optimal figure.
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What makes the community think that 13% is the optimal figure?
Striking a balance with DLLR interest rates, the chosen number aligns with the golden ratio. This fee ensures controlled ZUSD supply growth without deterring speculators.