EXAIP-16: esEXA Reserve Increase Implemented
The Exactly Protocol has successfully implemented EXAIP-16, increasing the esEXA Reserve ratio to 35%. This change aims to enhance protocol stability for long-term holders.
Key points:
- New Reserve ratio: 35%
- Implementation date: October 16, 2024
- Goal: Improve protocol stability
This update follows the recent implementation of EXAIP-15, which adjusted Interest Rate Model Parameters across various markets.
For more information on these changes and their potential impact, visit the Exactly governance forum.