Borrow Limit for uneRSDL and Borrowing eRSDL
For Reserve Lending® participants
How we are meeting the moment:
- Our leadership and commitment to transparent/timely communication
- Providing a safe and efficient Lending Platform by making adjustments to promote honest lending/borrowing behavior
Borrow Limit Adjustments
1. Current allocations
NOTE that we are a fork of the Compound® smart contracts.
Setting: 2,000,000 eRSDL is max allowed for Borrowing.
Contract to verify new setting:
https://etherscan.io/address/0x3105d328c66d8d55092358cf595d54608178e9b5#readProxyContract
TXN:
https://etherscan.io/tx/0x98d5f9eed8ffe7ccd83df3e77f47dc9099374ac72c0052485db73b1617613e08#eventlog
DApp behavior:
New borrows are not allowed unless the total amount of borrows is under this limit. Current borrows remain unchanged.