Following discussions on Discord and our governance about borrow the interest rates - the supply interest rate is derived from the borrow interest rate-, there is a desire in making changes to the current interest rate model parameters, as these are not competitive.
In short, the interest rate models are composed of a : base rate (when utilization is equal to 0), value, or optimal utilization, called kink first slope (up to the kink ), second slope (after the kink, called jump multiplier)
The objective of this proposal is to offer better interest rates to borrowers compared to Compound and Aave.
All new proposed parameters can be found here:
Proposal is: (1) Move to new interest rates (2) Keep current interest rates