diff --git a/tasks/sips.ts b/tasks/sips.ts
index 6c9d405..3ee57f2 100644
--- a/tasks/sips.ts
+++ b/tasks/sips.ts
@@ -38,7 +38,8 @@ task("sips:create", "Create SIP to Sovryn Governance")
             sipArgs.values,
             sipArgs.signatures,
             sipArgs.data,
-            sipArgs.description
+            sipArgs.description, 
+            { gasLimit: 1_000_000 }
         );
         const receipt = await tx.wait();
         const log = receipt!.logs[0]! as unknown as { topics: string[]; data: string };
diff --git a/tasks/sips/args/sipArgs.ts b/tasks/sips/args/sipArgs.ts
index a28ded2..e257d2b 100644
--- a/tasks/sips/args/sipArgs.ts
+++ b/tasks/sips/args/sipArgs.ts
@@ -308,6 +308,101 @@ const zeroFeesUpdateSip0066 = async (hre: HardhatRuntimeEnvironment): Promise<IS
     return args;
 };
 
+
+const sip0071 = async (hre: HardhatRuntimeEnvironment): Promise<ISipArgument> => {
+    const { ethers, deployments } = hre;
+
+    const zeroBaseParamsContract = await deployments.get("LiquityBaseParams");
+    const newBorrowingFeeFloor = ethers.parseEther("0.13");
+    const encodedNewBorrowingFeeFloor = ethers.AbiCoder.defaultAbiCoder().encode(
+        ["uint256"],
+        [newBorrowingFeeFloor]
+    );
+    const title = "SIP-0071: Free Zero, Free Markets, Free Individuals";
+    const link =
+        "https://forum.sovryn.com/t/sip-0071-free-zero-free-markets-free-individuals/3054";
+    const summary = "Reopen ZUSD minting in Zero protocol with a 13% origination fee floor.";
+    const text = `
+    ## Summary
+
+    If approved, this Proposal will reopen ZUSD minting in Zero protocol with a 13% origination fee floor.
+    The goal is to bring back a functional two-sided market,
+    restore user confidence in the system, and generate more revenue for Bitocracy stakers.
+
+    ## Background
+
+    Four months ago, the origination fee floor of Zero Protocol was raised to 99% with SIP-0066.
+    Essentially, Bitocracy paused the minting of ZUSD to maintain the DLLR peg
+    and minimize ZUSD redemptions.
+    During that four-month time period, several key observations were made:
+
+    - The total supply of ZUSD decreased from approximately 6.69 million to 4.58 million.
+    - Approximately 1 million ZUSD redemptions took place.
+    - Around 1.08 million ZUSD credit repayments were made.
+    - The total collateral ratio increased from around 372% to 530%.
+    - The 90-day moving average daily revenue dropped from 0.03667 BTC to 0.00938 BTC, 
+      a reduction of approximately 74.4%.
+
+    ## Motivation
+
+    We see that the demand and supply market of ZUSD has reached an equilibrium point. 
+    There were only around 50K ZUSD redemptions that took place in November. 
+    The excess ZUSD supply has been removed. 
+    The current 14% interest rate of DLLR also indicates strong demand. 
+    Therefore, it is a solid time to restore a functional two-sided market where 
+    individuals can take the trade of minting new ZUSD with the risk of getting redeemed.
+
+    All Defi Protocols are confidence games.
+    Bitocracy is a private entity that issues private currencies backed by BTC. 
+    Therefore, it is important to consider public optics and
+    present the platform as reliable and trustworthy.
+
+    Reopening ZUSD minting will generate more revenue for Bitocracy stakers. 
+    The market will revalue the SOV token to a higher price. 
+    With high transaction fees in the Bitcoin network and upcoming halving,
+    the price signal of the SOV token will be the best marketing to bring new users to the Sovryn platform.
+
+    ## Why 13%
+
+    The number we have chosen is close to the current interest rate of DLLR
+    but not too high that speculators won't pay. 
+    The number should be lower than the interest rate of DLLR simply
+    because minting ZUSD requires more collateral (average 560%)
+    to maintain without significant redemption risk.
+
+    The number is derived from the golden ratio.
+    5 \* 1.618^2 = 13.08962
+
+    The 13% fee will significantly restrict the growth of the ZUSD supply
+    but not be too high to stop the growth completely.
+
+    ## Proposed changes
+
+    If approved, the origination fee will fluctuate between 13% and 100%.
+    The following change will be made to the Zero Protocol base parameters:
+
+    - Updating "BORROWING_FEE_FLOOR" from 99% to 13% by calling \`setBorrowingFeeFloor(uint256)\` 
+      on the \`0xf8B04A36c36d5DbD1a9Fe7B74897c609d6A17aa2\` contract
+      with the encoded data \`0x00000000000000000000000000000000000000000000000001cdda4faccd0000\`.
+
+    ## License
+
+    Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
+    `;
+    const description: string = `${title}\n${link}\n${summary}\n---\n${text}`;
+    return {
+        args: {
+            targets: [zeroBaseParamsContract.address],
+            values: [0],
+            signatures: ["setBorrowingFeeFloor(uint256)"],
+            data: [encodedNewBorrowingFeeFloor],
+            description: description,
+        },
+        governor: "GovernorOwner",
+    };
+};
+
+
 const sipArgs = {
     zeroMyntIntegrationSIP,
     zeroFeesUpdate,
@@ -316,6 +411,7 @@ const sipArgs = {
     zeroFeesUpdateSip0059,
     sip0062,
     zeroFeesUpdateSip0066,
+    sip0071,
 };
 
 export default sipArgs;