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JPEG’dJPEG’dby0x27974BD138574C36C529e043824238991f93559D0x2797…559D

[May 2024] Lending Rates Update - pETH

Voting ended almost 2 years agoSucceeded

Abstract

Following PIP-88, JPEG’d lending rates are to be voted on a monthly basis and applied starting on the first of the following month.

The community is asked to vote on raise increases for pETH.

The current lending rates are as follow:

  • pETH Vaults A: 7%
  • pETH Vaults B: 11%

The value voted will increase the current value by the one with the most votes.

A similar proposal will be posted at the same time for voting on the PUSd and pETH lending rates for Cryptopunks vault A as well as the PUSd rates for all the other vaults.

Specification

  • When the voting concludes, change the rates of pETH Vaults A and B by the increase value with the most votes.

Off-Chain Vote

option 1: +2%
171.66M JPEG8%
option 2: +1%
0 JPEG0%
option 3: +0%
1.97B JPEG92%
option 4: -1%
0 JPEG0%
option 5: -2%
0 JPEG0%
Quorum:103%
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Timeline

May 29, 2024Proposal created
May 30, 2024Proposal vote started
Jun 02, 2024Proposal vote ended
Jun 02, 2024Proposal updated