BIP10: Reduce the Origination Fee to 0.75%


BIP10 proposes to lower the bnUSD origination fee from the current 1.15% to 0.75%. We see this proposal as a temporary solution to help users with rebalanced positions. For users who wish to rebuy sICX on Balanced instead of on a centralized exchange, the lower origination fee will help ease financial burden. In the future once the rebalancing mechanism has been refined further, we believe the loan origination fee can be raised back to 1% or higher.

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