I am suggesting to revert some of the recent changes done to Balanced last week.
Those changes were meant as a temporary measure to give borrowers with locked collaterals a period of relief during the recent market downturn.
Since then the peg of bnUSD has been constantly off, and other stablecoin pairs have also suffered accordingly.
Rebalancing Threshold 10%
Locking LTV 67%
Decrease Rebalancing Threshold to 5%
Decrease Locking LTV to 50%
I believe that by the time this vote goes live, people will have had enough time to bring down their LTV ratios.
Ideally I would like to decrease the LTV and rebalancing threshold even further if this proposal passes.
Please share your opinions.