Pando Leaf Stability Fee Changes
Pando Leaf has lowered the stability fees across collaterals.
Specifically, the changes are:
- Decrease the BTC Stability Fee from 4.5% to 1%.
- Decrease the sETH-BTC Stability Fee from 5.5% to 1%.
- Decrease the ETH Stability Fee from 5.5% to 1.5%.
- Decrease the EOS Stability Fee from 5.5% to 1.5%.
- Decrease the XIN Stability Fee from 5.5% to 1.5%.
- Decrease the DOGE Stability Fee from 5.5% to 1.5%.
- Decrease the BCH Stability Fee from 5.5% to 1.5%.
- Decrease the LTC Stability Fee from 5.5% to 1.5%.
- Decrease the FIL Stability Fee from 5.5% to 1.5%.
- Decrease the ZEC Stability Fee from 5.5% to 1.5%.
- Decrease the DOT Stability Fee from 5.5% to 1.5%.
- Decrease the UNI Stability Fee from 5.5% to 1.5%.
- Decrease the MOB Stability Fee from 5.5% to 1.5%.
What does this mean to you?
With these changes, minting pUSD against the above mentioned collateral assets is cheaper for you. If combining with other Pando products, you can even have a potential of earning sizable yields. For example, currently you can now supply pUSD in Pando Rings and enjoy the APY for supplying pUSD at around 15.6% while borrowing pUSD from Pando Leaf at only 1% - 1.5%. As you can see, the loan grows at a lower rate than the principal.
DISCLAIMER
The information contained in this article is for informational purposes only and does not constitute financial, investment, or other professional advice. The views expressed in this article are those of the author and do not necessarily represent the views of the company or organization they work for or Pando. Any investment decisions made by the reader should be made after consulting with their own financial advisor and conducting their own research. The author and the company or organization they work for and Pando will not be liable for any financial losses incurred as a result of reliance on the information contained in this article.
The information contained in this article is for informational purposes only and does not constitute financial, investment, or other professional advice. The views expressed in this article are those of the author and do not necessarily represent the views of the company or organization they work for or Pando. Any investment decisions made by the reader should be made after consulting with their own financial advisor and conducting their own research. The author and the company or organization they work for and Pando will not be liable for any financial losses incurred as a result of reliance on the information contained in this article.