Putting forward a simple idea to reduce the minimum loan amount to 10,000 TUSD from the current 1,000,000 TUSD. This has been put forward by some borrowers and several members of our community.
A reduction in the minimum borrowing amount would allow the community to get to know new borrowers at a much lower risk. And it would allow us to increase the number of whitelisted borrowers in the TrueFi protocol at a greater pace.
The technical execution is also fairly simple and can be done quite quickly.
Please vote "Yes or “No” to signal your opinion and do post in the comments if you have any feedback on the idea.