[TIP 4] Increase Max Loan Term

Original Author(s) Getty Hill - Grapefruit Trading Forum Proposal - https://forum.truefi.io/t/proposal-change-loan-term-max-limit-to-90-days/194

Summary: This proposal aims to change the maximum loan duration from 30-days to 90-days.

Background: On January 5th, 2020, I posted an idea to extend the maximum loan duration from 30-days to 90-days. The community was asked to vote YES if they believed change was a good idea and vote NO if they disagreed. 17 users voted YES, and 0 voted NO.

https://forum.truefi.io/t/loan-duration-change/174/

Specification: This proposal (if passed) will change the term limits by calling setTermLimits(86400 , 8035200) at 0x16d02Dc67EB237C387023339356b25d1D54b0922.

The first input is the minimum term length, which will be unchanged, and the second input is the new maximum term length of 90-days.