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 PUSd. The current lending rates are as follow:

• PUSd Vault A: 10%
• PUSd Vault B: 13%

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

Specification

• When the voting concludes, change the rates of PUSd Vault A and B by the increase value with the most votes. fe, if +2% gets the most votes, PUSd Vault A Interest rate will be raised to 12% (10%+2%) and PUSd Vault B to 15% (13%+2%).