The purpose of Recovery Mode is to incentivize borrowers to raise the TCR back above 150% and to incentivize LUSD holders to replenish the Stability Pool.
The borrowing fee is set to 0% during Recovery Mode to encourage borrowing.
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Recovery Mode _cont._ 🩹 :
The purpose of Recovery Mode is to incentivize borrowers to raise the TCR back above 150% and to incentivize LUSD holders to replenish the Stability Pool.
The borrowing fee is set to 0% during Recovery Mode to encourage borrowing.
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