pactim had a similar proposal back in 12/21, but had no feedback. I would like re-propose an option implemented in Anchor allowing UST to be automatically moved from the ‘Earn’ balance to pay off your loan balance. The UI would need to have two user inputs. First would be the “LTV %” at which UST would be transferred. The second would be the amount of UST to be used to payoff the loan balance.
For example: LTV %: 90% UST Payoff Amount: $5,000
Those options would trigger when the user’s LTV broke 90%, then $5,000 UST would be transferred from the ‘Earn’ tab to pay off down the loan balance.
I think this would encourage more users to have higher LTV which would increase the income for Anchor on the borrow side…not to mention allow me to sleep a little easier at night.
Wanted to get some feedback on this idea, stupid or not?