In preparation for the launch of HOLLAR, Hydration Referendum 84, will adjust the optimal utilization, base rate, and supply caps of USDC and USDT to boost lending APR and encourage more lending supply provision.
In Big Spender referendum 1587 Snowfork is requesting a $5M USD equivalent in vested payments for completed milestones and 12 months of operational costs of Snowbridge. The payments allocated to operational costs and team incentives ($3.75M) will be held in the Insurance and Bug Bounty Coverage wallet, vested over 12 months. Funds may be diverted to reward identifiers of vulnerabilities, or compensate victims of a bridge exploit.
