Highly appreciate the inputs and views. Fully agree with the transparency & reporting comments as mentioned before in this thread.
Regarding credit/loans/bonds, I’d love to see views on concrete deal terms, be them 1. the ones already proposed to Lido or 2. just what reasonable deal terms would be in an hypothetical scenario (as a possible RFP later for example).
As a pointer, we had a relatively deep discussion around Solv’s proposed terms for a bond here in the forum.
There is some analysis of hidden costs (e.g. the calls) and opportunity costs (e.g. comparing to other lending markets’ rates) of that kind of proposal.