Validator 2 (NodeID-9so5xxbAxuoqz5MANESDbLEQKetKP7AiW) has been staked for another 60 days with a 10% fee. Thank you for everyone who staked with us previously and we hope to see you again☀️
The shortest duration was chosen due to the upcoming FIP.
Enosys Loans is now accepting stXRP and sFLR as collateral!
stXRP (@firelightfi) has a mint cap of $4M CDP with an LTV of 62.5%, and a Stability Pool allocation of 15,000 rFLR and 0.1 APS per day in incentives.
sFLR (@SceptreLS) has a mint cap of $2M CDP with an LTV of 80%, and a Stability Pool allocation of 5,000 rFLR and 0.05 APS per day in incentives.
New listing from @nortso ... their Telegram Rate Manager Bot is now live.
We’ve also rolled out some handy new features, including filter pills to quickly find projects by provider or category.
Hi, that's a good question and thank you for asking. It's working as intended. You're right that a rate cut was available if you only look at redemption in front. The bot also takes other things into account like how many loans which are in front. This is to avoid having a lot of redemptions in front, they repay the debt, and the delegated troves are immediately in front.
The manager has changed to 5.5% now (on FXRP). This rate was chosen to satisfy all the internal requirements of the bot.
Everyone delegating interest rate to the nortso rate manager in @enosys_global loans can now subscribe to trove updates on Telegram. The bot is https://t.co/kVdXGBjxvK
Validator 1 (NodeID-3RJrjDMzeZQVDyHDjZ6u1X3Y3WCKY5nbb) has been staked for another 242 days with a 10% fee. Thank you for everyone who staked with us previously and we hope to see you again☀️
If you are using the nortso rate manager in Enosys Loans please check your trove. Because of an error in the "next interest rate calculation", the bot failed to update the interest and redemptions hit some troves managed by us.
The issue has been fixed and deployed.
Refer to the docs about redemptions, ask here or on Discord or Telegram if you have any questions. https://t.co/XkfFtp3Qj7
@addwind_xrp@enosys_global Hello, the interest bot waited for the free change to adjust the interest rate. There is an upfront fee (7 days on interest) that has to be paid if the interest rate was changes less than 7 days ago. The interest rate is down to 0.9% now
Because of how concentrated the liquidity is on @enosys_global, we updated the zoom on some of the pools on the analytics website to increase the readability. This applies to pools such as sFLR/FLR and CDP/USDT0.
Now you can zoom to a single basis point
https://t.co/JNTXbzvIuI
New Milestone Reached!
$10 M TVL in FXRP and wFLR Collateral in Enosys Loans!
$5.6 M CDP minted, and growing!
Borrow CDP against your FXRP and wFLR today at https://t.co/feV9pYmyor