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.