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Extra FinanceExtra Financeby0x0e4f56aD5fB2BaCD929bdCD30c98B105840318600x0e4f…1860

Automatic borrow ratio adjustment

Voting ended almost 2 years agoSucceeded

Hello community, I've noticed that when you deposit into a pool (x5 for example), your borrowed funds percentage will decrease over time slightly (eg x4.8).

I believe this is related to the fact that you already made profit and you need to borrow more to make the x5 again.

I'm honestly not informed how technically this can be implemented, but I would like to propose a mechanism that can adjusts this ratio ( maybe executed on daily basis ) to borrow more and keep your initial borrowing ratio.

Would you like, if technically possible, to have such a mechanism implemented ?

Off-Chain Vote

Yes ( only for veExtra holders )
3.06M veEXTRA57.2%
Yes ( for all users )
40.87K veEXTRA0.8%
No
2.25M veEXTRA42%
Quorum:10707%
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Timeline

Apr 01, 2024Proposal created
Apr 02, 2024Proposal vote started
Apr 05, 2024Proposal vote ended
Apr 05, 2024Proposal updated