Abstract

Following PIP-88, JPEG’d lending rates are to be voted on every 24th of the month and changes will be applied on 1st of the following month.

Background

Following PIP-88, JPEG’d lending rates are to be voted on every 24th of the month and changes will be applied on 1st of the following month.

The community is asked to vote on raise increases for pETH. The current lending rates are as follow:

• pETH Vault A: 5**%**
• pETH Vault B: 10**%**

A similar vote will be posted at the same time for voting on the PUSd lending rates.

Specification

• When the voting concludes, change the rates of pETH Vault A and B by the increase value with the most votes. fe, if +1% gets the most votes, pETH Vault A Interest rate will be raised to 6% and pETH Vault B to 11%.