Today· 07 JulRelease

Lend Params Updated

Low3.5

◆ Description

Flying Tulip updates Lend and ftUSD on Sonic: S borrow cap raised to 8M, stS supply cap lowered to 8M, ftUSD mint/redeem fee cut to 7 bps, and USSD borrowing disabled.

◆ Why it matters

Flying Tulip's parameter tweaks expand S borrowing room to 8M and trim mint/redeem fees to 7 bps, modestly loosening capacity for borrowers while tightening stS supply. USSD borrowing being turned off removes a previously available venue. The moves shift near-term lending economics but stay inside routine risk management, with no change to the protocol's underlying thesis.