# Update IRM parameters for crvUSD in the CRV-crvUSD market - Silo Llama (updated) **URL:** \ **Category:** Uncategorized\ **Created:** [March 5, 2024, 10:50pm UTC](https://gov.silo.finance/t/update-irm-parameters-for-crvusd-in-the-crv-crvusd-market-silo-llama-updated/454 "2024-03-05T22:50:41Z")\ **Posts on this page:** 2\ **Page:** 1
**Author:** ![ayham.eth](https://yyz2.discourse-cdn.com/flex032/user_avatar/gov.silo.finance/ayham.eth/32/8_2.png) [@ayham.eth](https://gov.silo.finance/u/ayham.eth)\ **Post date:** [March 5, 2024, 10:50pm UTC](https://gov.silo.finance/t/update-irm-parameters-for-crvusd-in-the-crv-crvusd-market-silo-llama-updated/454/1 "2024-03-05T22:50:41Z")
**Change: Change crvUSD IRM parameters** Target market: CRV-crvUSD: > **[Silo Finance App](https://app.silo.finance/silo/0x96eFdF95Cc47fe90e8f63D2f5Ef9FB8B180dAeB9)** > > Enabling lending and borrowing of any asset Reason: Proposed changes are: - Increase interest rates with clin set at 14% ![Screenshot 2024-03-06 at 9.09.32 AM](https://canada1.discourse-cdn.com/flex032/uploads/silo/original/1X/454412c4827f7abd5b715b24593bf05309b48172.png) - Slow APR growth when utilization is outside the optimal region to give borrowers ample time to adjust positions without paying excessive rates. The change will help retain borrowers. Summary: - at 80% (optimal): 14% floor - at 90% (critical): 15.75% floor, grows to 18.75% in 24h - at 100%: 50% floor, grows to 88.5% in 24h - below optimal, APR drops aggressively (-200pp APR when U = 79%) **Comparison** ![](https://canada1.discourse-cdn.com/flex032/uploads/silo/original/1X/9fade6f00b085f377eee263542c17fc34760b9bf.png) ---
**Author:** ![ayham.eth](https://yyz2.discourse-cdn.com/flex032/user_avatar/gov.silo.finance/ayham.eth/32/8_2.png) [@ayham.eth](https://gov.silo.finance/u/ayham.eth)\ **Post date:** [March 6, 2024, 6:39pm UTC](https://gov.silo.finance/t/update-irm-parameters-for-crvusd-in-the-crv-crvusd-market-silo-llama-updated/454/2 "2024-03-06T18:39:20Z")
Closed on March 6, 2024, 6:39pm UTC