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HIP
Today, we would like to share four new Horizon Improvement Proposals (HIPs) designed to strengthen our liquidity pools and maximize the potential of the Ecosystem and Community Fund. These proposals are specifically aimed at boosting liquidity and making community participation more efficient by simplifying our pools.
Ten days ago we shared a proposal, HIP-6: Lower Target C-Ratio to 600% from 700%, with the community suggesting to lower the Target C-Ratio from 700% to 600%.
We have drafted up a new HIP. This one discusses the idea of lowering the Target C-Ratio from 700% to 600%. If this proposal is to go through, it would be the second change to the Target C-Ratio.
As you may know, the team has been busy with implementing the proposed HIPs.The first one, HIP-2: Lower Target C-Ratio to 700%, is now live on mainnet.
We would like to introduce to you HIPs (Horizon Improvement Proposals). Through HIP, the community will be able to make changes to Horizon Protocol.
We are pleased to announce the milestones we have reached during the CNY holiday period, the items we are currently focusing on, and things to expect in the foreseeable future.