Summary
This proposal seeks to adjust the savings interest rate for sUSX across all supported L1/L2s to 7% APY.
Background
sUSX offers omni savings interest to holders across all supported networks, allowing USX holders to share in protocol revenues with the dForce DAO in proportion to the amount of USX deposited into the sUSX vault. This encourages long-term liquidity contributions to both USX and dForce.
Motivation
Through monitoring the price of USX in the markets, as well as market sentiments and participation, the Risk Team proposed to adjust the parameters for sUSX and all USX vaults in order to further stabilize USX’s target price and improve mass adoption.
Specification
This proposal, if approved by governance, will take effect from Thursday, March 20, 2025 8:00PM GMT+8
| Vault | Current Saving Rate | Proposed Saving Rate | Change |
|---|---|---|---|
| sUSX | 8% | 7% | -1% |