[RFC] Adjusting Collateral Ratios

Author[s]: Mendi Core Team

Title: Adjust Collateral Ratios

Type: Request for comments


With the shifting market conditions the Mendi core team proposes the following adjustments to the collateral and reserve factors:

Market Old C-factor New C-factor Old R-factor New R-factor
USDC 80% 85% 10% 10%
USDT 80% 85% 10% 10%
wETH 70% 80% 20% 15%
ezETH** 50% 70% 20% 20%

** Pending enabling of withdrawals and full repeg of ezETH


With these adjusted collateral factors the lending protocol can capture a larger market share within the market.

Technical considerations

The Core Team will adjust the Collateral Factors with a 24 hour timelock

Expected Timeline

  • RFC and Temperature Check from 04/27 to 04/30
  • Governance Vote: Pending
  • Deployment Target: Pending

Link to temperature check vote on snapshot: