This proposal updates price feeds to API3, since Chainlink soon will no longer support Ronin and updates interest rate curve parameters for WRON market on Ronin.
It is done to prevent new suppliers from entering the market, reduces capital efficiency, making the market less appealing without causing users to become liquidatable and raises liquidation penalty to further disincentivizes usage by increasing the cost of liquidation, while reducing risk to the comet.
Further detailed information can be found on the corresponding proposal pull request and forum discussion.
The proposal sends the following encoded calls to the governance receiver on Ronin:
setBorrowPerYearInterestRateBasesetBorrowPerYearInterestRateSlopeLowsetBorrowKinksetBorrowPerYearInterestRateSlopeHighsetSupplyPerYearInterestRateBasesetSupplyPerYearInterestRateSlopeLowsetSupplyKinksetSupplyPerYearInterestRateSlopeHighdeployAndUpgradeTo.