Update: Deprecating uneRSDL (Legacy) and Launching the New uneRSDL Contract

Launching the New uneRSDL Contract
  • The first step of the evolution was deprecation of the existing uneRSDL contract. The screenname eRSDL(legacy) refers to the deprecated uneRSDL contract. Per the community’s action, we disabled the ability to supply and borrow eRSDL in the deprecated uneRSDL contract and set the supply APY to 0.00%.
  • Now is Step Two ✌🏽: We are rolling out a new uneRSDL contract — with a lowered collateral factor of 40%, so that holders can borrow against up to 40% of the fair market value of the eRSDL.

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