Lower Origination Fees

[benny_options]

As laid out in the thread below, I’d like to propose to lower the Origination Fee from 0.75% to 0.5%. Origination Fees are a relatively small portion of the revenue generated by Balanced (~15% over the last month), however, this does have a meaningful impact on the economics of borrowing from Balanced.

Enhanced Borrower Experience

I’d like to aggregate a few different ideas from the community into one thread, which will then lead to a series of on-chain proposals that hopefully enhance the borrower experience. The goal is to increase the number of Borrowers. More borrowers results in less noticeable rebalancing to each individual borrower and is also a core KPI of our platform. It represents a core piece of our user base and a core part of revenue generation, as more people minting, trading and rebalancing bnUSD is good …

[AwaxJago]

I’m on board for this. Lowering the origination fee should encourage borrowers to adjust positions as needed ~ in times of price fluctuation and rebalancing.