️️Target C-Ratio Change. Hey HZNation.
28 Apr 2023, 18:55
❗️❗️Target C-Ratio Change!❗️❗️
👋Hey HZNation!
✨Last week we shared our proposal to lower the Target C-Ratio from 700% to 600% (HIP-6), and asked for your feedback. We have read your comments, which were overwhelmingly in support of this change. Which is why we will now move forward to implementing this HIP.
🗓️Effective from Tuesday, May 2nd at 01:00 UTC these will be the new Target C-Ratios:
• Aggressive: 700% to 600%
• Neutral: 900% to 800%
• Conservative: 1100% to 1000%
This will give stakers 4 days to adjust their C-Ratios accordingly before the next claim date.
📚For those of you who missed the earlier announcement, or if you want to refresh your memory, you can revisit the proposal on Horizon Academy.
🗨️We would like to thank everyone for their input. If in the future anyone feels the need to further adjust the Target C-Ratio, please don't hesitate to let us know.