Governance Proposal - SuperToken AGOLD, Minimal Deposit should change. #1283
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ngmachado
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Governance - Minimum Deposit
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After extended communication with AGOLD community, this proposal was set to pass and now in effect: |
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The SuperToken AGOLD used by PlanetIX is putting significant pressure on the Sentinel network through the increasing number of liquidations that need to be executed.
Additionally the high gas prices on the Polygon network are causing price spikes often reaching 400 gwei or higher.
In order to alleviate these challenges and ensure the stable functioning of the Sentinel network, it is proposed a minimal deposit fee of 0.2 AGOLD for new streams.
This solution is not a one-time fix and the situation will require ongoing monitoring and evaluation, should further changes maybe necessary.
References:
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