Team adjust rates every month without vote.

Our current system, which necessitates a monthly vote to determine these rates, has served us well in its time. However, the landscape of NFT loans is dynamic and ever-changing, requiring a more agile response to market conditions.

Efficiency and Trust in Our Team

In the spirit of trust and efficiency, I propose that we empower our esteemed team to adjust the rates independently every month. This delegation of responsibility would eliminate the need for a cumbersome voting process, ensuring that our response to market fluctuations is both swift and informed.

Competitive Edge

Our competitors are vigilant, and we must be no less. To remain competitive, I suggest that our rates be set within 5 percent of the prevailing market rates for NFT loans. This strategic flexibility will allow us to stay attractive to borrowers while safeguarding our interests.

Maintaining Integrity and Accountability

I understand the concern that may arise from such a delegation of power. Hence, I advocate for a transparent process where the team provides a monthly report on rate adjustments and the market conditions that influenced these decisions. This ensures accountability and keeps our community informed and engaged.