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Defrost FinanceDefrost Financeby0xB18De9512ac891B926C6B5D6838433ac5e52818b0xB18D…818b

[Defrost #04] — Decreasing Stability fees in some non-stablecoin vaults

Voting ended almost 4 years agoSucceeded

Proposal Type: Adjustment of stability fees

Proposer: Defrost Team

Proposal: This proposal is to vote on whether and how to adjust stability fees in some non-stablecoin vaults

Background:

Currently, the non-stablecoin vaults in the Defrost protocol attract little TVL. This is partly due to the high stability fees charged: from 3% to 5%, much higher than those of the stablecoin vaults.

Details:

To incentivize the non-stablecoin vault users, we propose the following adjustment for non-stablecoin vaults:

Option 1: Stay unchanged Option 2: Change to 1% Option 3: Change to 0.5%

Off-Chain Vote

Option 1
37.79K 10.7%
Option 2
312.28K 88.4%
Option 3
3.18K 0.9%
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Timeline

Feb 06, 2022Proposal created
Feb 06, 2022Proposal vote started
Feb 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated