The Prisma Finance community has initiated a proposal to "raise the debt interest rate from 1% to 2%."

2023-11-06 08:54:12
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ChainCatcher news, the LSD stablecoin protocol Prisma Finance announced that the community has initiated the second improvement proposal PIP 002, aiming to increase the collateral debt interest rate on the platform from the current 1% to 2%. If this proposal is approved, it will increase the protocol's revenue without significantly impacting risk.

According to Snapshot, voting for PIP 002 has started and will end at 00:03 Beijing time on November 9. The current voting support rate is 99.04%.

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