0x1ff60e85…c011sent to0x6f9bb7e4…8a1d·#18,878,054·view on Etherscan
Good morning,
We ve posted a governance proposal to adjust the risk parameters for crvUSD in the Silo Llama markets. Given that you're borrowing CRV, the proposal will reduce your position s health factor. We recommend adjusting your position by adding more collateral or reducing your loan size. You can check your position in the spreadsheet below.
Positions: https://docs.google.com/spreadsheets/d/1rgFSLdTzbYyc4j9JxzyIeQuN7i6tIcYnO4mr7vPjUMI/edit#gid=0
Proposal: https://gov.silo.finance/t/adjusting-risk-params-for-crvusd-on-silo-llama/433
Action Plan
1- Announce the proposal to alert borrowers of CRV/LINK/YFI (ongoing)
2- Contact borrowers whose positions will become riskier to adjust positions (ongoing)
3- Run a snapshot proposal for consensus.
4- Execute the proposal once all impacted users have acknowledged the proposal.
If you have any questions, please reach out to us on any of our official channels:
https://linktr.ee/SiloFinance