Thanks for putting this up Frank. I agree with you, it would better to fully leverage appreciating stables.
Picking the right % utilization target might be tough. The monthly $233k grant to Brainbot is supposed to be in USDC. We need to keep that in mind, but maybe there’s a creative approach we can find.
@Loring, any thoughts here? What’s the mechanism for the monthly payment, and could it include a swap? Or does it even need to be USDC? Would sDAI or USDM bo okay?