P-Ratio Reduction on Re-opening of Protocol
Abstract/ Rationale
Market conditions have improved significantly since the unexpected close of the protocol, thus the value of the liquid assets has risen. This favours people who held assets before the close but also inflating the debt pool and increasing P-Ratio numbers for all other users.
To mitigate this we can offer a reduction of P-Ratio threshold of either: 0/25/50 points, so P-Ratio on the re-opening of the protocol would be either: 400/375/350.
As speed is of the essence as we look to re boot Linear 2.0 please cast your votes on snapshot in the normal way, the vote will be live for 48hrs from the time of this message.
God speed all.