Stability Fee Raise

Proposal to temporarily increase stability fees to help out with the H2O peg.
Looping has been the main use case for Defrost, however it has been causing depegging.
In the future if possible to add a way to redeem collateral in exchange for H2O.

Agreed. Increase stability fees to further deventivize looping. Looping is a great feature when the platform isnt broken, but the focus should be on the peg above all else until we have enough use cases and partnerships that we can maintain peg while continuing to encourage leveraging stables.

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I think this is a great proposal. I know Defrost has several things “coming up” but I believe the platform needs to be able to support itself and not rely entirely on partnerships to bring us up. Partnerships are important but if we cannot maintain peg, who would want to partner with us in the future?

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