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Magic Internet MoneyMagic Internet Moneyby0x5EeDA5BDF0A647a7089329428009eCc9CB9451ccabracadabradaoeoa.eth

AIP #48 - Increase Ethereum Mainnet cauldrons interest rates to 15% across the board

Voting ended almost 2 years agoSucceeded

Tl;dr Adjust interest across the board for all Ethereum Mainnet Cauldrons to meet the 15% mark, which currently represents the risk free borrow interest rate in DeFi.

Off-Chain Vote

Yes, Raise the rates
7.19B SPELL100%
No, Do not Raise the rates
0 SPELL0%
Quorum:240%
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Discussion

Magic Internet MoneyAIP #48 - Increase Ethereum Mainnet cauldrons interest rates to 15% across the board

Timeline

Mar 25, 2024Proposal created
Mar 27, 2024Proposal vote started
Mar 30, 2024Proposal vote ended
Mar 12, 2025Proposal updated