OIP 3: Adding support for bnUSD

Discussion

OIP 3 is a proposal to add borrowing and lending support for bnUSD. The goal of this proposal is to increase TVL for Omm, increase the utility of bnUSD and increase the composability within the ICON DeFi ecosystem.

Proposed OMM Rewards

  • ICX = 40%
  • IUSDC = 20%
  • USDS = 20%
  • bnUSD = 20%

Proposed Borrow vs Lend rewards

  • Borrow = 50%
  • Lend = 50%

Proposed LTV

  • LTV = 0%
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A post was merged into an existing topic: Listing bnUSD on OMM