WIP-74 Passes: P2P Pool Reserve Factor Adjusted
WIP-74 Passes: P2P Pool Reserve Factor Adjusted
🚀 P2P Pool Shakeup
The Wing community has unanimously approved WIP-74, a proposal to adjust the Reserve Factor for assets in the P2P Pool from 0% to 20%. This change aims to:
- Promote long-term growth
- Balance between pools
- Add safeguards for future developments
The proposal received 20,197 votes in favor. This follows a recent vote to close BUSD pools and reduce interest rates to 0%, which also passed with 100% approval (21,330.99 WING votes).
These decisions reflect the community's commitment to safeguarding the Wing ecosystem and adapting to market conditions.
Next steps: Stay tuned for implementation updates and potential impacts on lending and borrowing activities.
🚀 WIP-74 PASSED! 🚀 The proposal to adjust the Reserve Factor for assets in the P2P Pool from 0% to 20% was unanimously approved with 20,197 votes! ✅ This change will promote long-term growth, balance between pools, and add safeguards for future developments. 💪
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