OlympusDAO would like to petition the Rari community to reduce the 10% platform fee to 5% for Pool 18, in order to lower borrowing costs for our community, in line with the success of our pool.
Since its inception, the Olympus Pool Party (Pool 18) has been one of the best performing Fuse pools. However, due to increased competition both within the Fuse ecosystem and on the broader lending markets, the pool has seen a drop in the total supplied and borrowed. OlympusDAO values its partnership with Rari, and we want our Fuse pool to remain competitive with the market.
In order to retain competitiveness, we propose a reduction of the 10% platform fee to 5%, allowing us to reduce borrowing costs for our community and deepen the partnership between the two protocols. This is in line with previous platform fee reductions the Rari community has authorized, taking into account our consistent pool size and fees generated.