Thanks to everyone who discussed this proposal on today’s developer community call!
Some highlights from the discussion:
- @jmo suggested that the proposal could be submitted in multiple parts (eg split up the borrow cap from interest rate model change), which could potentially allow for faster action by the DAO
- @rleshner discussed timing of when proposal would be submitted, and timing of when to submit follow up proposal to set rates back into a more normal range
I’m not great a paraphrasing so suggest listening to the recording if you’re interested 