Refer a fren and earn rewards!

Yes, take me there!

Logo

-

Helper Proposal: Set Liquidation Incentive to 5% for PT-sUSDe-29MAY2025

Executed
#279 - mills ERA

Created Mar 21st, 2025 - Executed Mar 25th, 2025

Details

avatar

HarryGasWallet

Helper Proposal: Set Liquidation Incentive to 5% for PT-sUSDe-29MAY2025

Forum post: https://forum.inverse.finance/t/helper-proposal-set-liquidation-incentive-to-5-for-pt-susde-29may2025/553

Summary

Proposal 276, “Add PT-sUSDe-29MAY2025 Market to FiRM”, cannot currently be executed due to the following issue:

  • The market was deployed with the default liquidation incentive (LI) of 10% and collateral factor (CF) of 50%, despite the proposal’s intent to adjust the LI to 5% and CF to 91.5%
  • The on-chain execution sequence attempts to set the CF to 91.5% before updating the LI
  • This causes a revert, as the combined CF+LI exceeds 100%, violating safety constraints and enabling potential profitable self-liquidations

To resolve this, a helper proposal is required to first reduce the liquidation incentive for PT-sUSDe-29MAY2025 to 5%. Once this is in place, Proposal 276 can be executed successfully.

On-Chain Actions

  • Set liquidation Incentive of PT-sUSDe-29MAY2025 to 5%

Actions

Action 1
«
Set FiRM PT-sUSDe-29MAY25 Market Liquidation Incentive to

5%

»
FiRM PT-sUSDe-29MAY25 Market
.setLiquidationIncentiveBps(

500

)

Proof of Reviews

Members allowed to make Drafts can sign the fact that they reviewed the Draft Proposal

Loading...

For Votes

1 voters

22.01k votes

avatar

CryptoHarry

22.01k

Against Votes

0 voters

0.00 votes

Subscribe to Our Newsletter

Join thousands of subscribers in receiving weekly updates about Inverse products, partnerships, and early-bird news shared only with subscribers!

Products

sDOLADOLAINVFiRMStable Yields

Social