Reserve Lending® APY Adjustments
As of May 10, 2021
How we are meeting the moment:
- Our leadership and commitment to transparent/timely communication
- Providing safe and “honest” Lending Platform by making adjustments to promote honest lending/borrowing behavior
1. Current Allocations
PLEASE NOTE: Reserve Lending is a fork of the Compound® smart contracts. Borrow rewards and Supply rewards are implemented via the same setting. We cannot have different borrow rewards and supply rewards.
2. APY Adjustments
The following APY adjustments considered launch data, community feedback and APYs associated with these tokens on other platforms. These changes will be executed tomorrow under a 24-hour timelock. We will post this txn tomorrow morning and then expect the changes to take affect 24 hours later on Wednesday 5–12–2021.
Disclaimer: eRSDL is not registered with the Securities and Exchange Commission (SEC). This is not an offer to purchase or sell securities. Information contained herein contains ‘forward looking statements’ within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities and Exchange Act of 1934, as amended.