REP6: Sifu Degen Pool

I would like to propose the creation of the "Sifu Degen Pool". My pool will offer 80% LTV/CF for lending against the WETH pair. This means you can borrow 80% of your WETH value, which is $1650 at current prices. We would begin with an April 30th expiry and 150 Ruler/week emissions incentive for lending LPs. As this pool is considered higher risk, I will personally manage liquidity by seeding and subsidizing as needed. Fellow degens are welcome to join me.

How this benefits borrowers: Users can borrow funds using one of the highest collateral factors available anywhere, with full price protection. There is no possibility of liquidation. As long as you repay the loan in time, you will unlock all of your WETH collateral. If the price of WETH is below the value received at expiry, you are welcome to keep the borrowed stablecoins and force lenders to take your WETH at a loss. There is no comparable in defi, I expect this to be extremely popular.