Good to know but might be irrelevant considering the macro-economics.
Offer decent APR on a stable coin and it's all but guaranteed that we hit the haircut limit instantly.
To be fair the APR being discussed is less than a lot of defi projects, and also locked for 3 days.
But we also don't know the demand to hold HBD given the new cap to the upside (increased stability).
Should be interesting but I expect some speedbumps.