There should be no controversy here.
Agree with all. Especially bEth max LTV boost
Hoping for a higher bAtom liquidation LTV at launch due to higher loss in staking yield
Let’s all vote for Prop 24! And reach quorum.
I agree with the supportive and constructive comments from the community in this thread.
Lets whitelist wBTC ASAP. In about 68 hours poll #24 ends. It’s important wait at least 48 hours to create this poll because there are almost 40 million $ANCs trapped in poll #23 and poll #24.
When wBTC is approved for Collateral, the borrowing & lending will exponencially increase.
Please stop FUDDING with excuses like:
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“BTC doesnt generates extra yield”. So what? The 13% interest in the loan doesnt count?
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" We have to charge more than 13% for BTC borrowers". BTC is the safest token that exists. And Anchor is a bank. Would a bank charge more interest for the safest collaterals? The answer is NO.
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“BTC borrowers doesnt deserve free $ANC”. First of all, no one should receive $ANC for Bootstrap borrowing. Tokenomics have to change ASAP on that matter. Anchor Protocol is leader, well done team, now we should change that free $ANC for borrowers.
no lock up for other voting.
so no need to hurry.
I primarily use anchor protocol borrow and if this goes through will it mean I will not get any Anchor emissions bringing the high interest rate down to an acceptable figure? If not there will be a mass exodus of people using anchor borrow. Me included. Either that or you reset the interest rate to a reasonable rate considering the banks are offering 2%.
this is not airdrop for borrow incentive.
no changes for borrower
I think we should get wBTC up asap as well. DeFintech has caught up enough that if people can pull line of credit’s against BTC they will. I can see a lot of businesses that can utilize Anchor + Thorchain to purchase BTC to use as a hedge + LoC in the very near future. Even if they don’t pull a LoC they will see Anchor holding custody of it as advantageous versus permissioned entities.
Even just offering LoC for BTC can be good marketing. I don’t think any other protocol can service as much BTC loans as Anchor.