closedEnded 2 years ago · Snapshot (Offchain)
SAIP #34: Adding gmETH, gmBTC, gmARB and gmSOL cauldrons
By 0x5EeD...9451ccContinue Reading
TL;DR: Add 4 new markets using gmETH, gmBTC, gmARB, gmSOL as collateral on Arbitrum.
Cauldrons parameters:
gmBTC and gmETH -85% LTV
-5% Interest
-1% Borrow Fee
-6% Liquidation Fee
gmSOL -75% ltv
-6.9% Interest
-1% opening
-6% liquidation
gmARB -75% LTV
-4.2% Interest
-1% Borrow Fee
-6% Liquidation Fee
Cumulative top up of 20m MIM across the 4 cauldrons, starting with low 6 figures top ups for beta testing.
📖 Read more on the proposal: https://forum.abracadabra.money/t/saip-34-adding-gmeth-gmbtc-gmarb-and-gmsol-cauldrons/4413
Connect Wallet to Add Note
0Votes 11
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9365...4efE35 | 2.165B | Yes, Add the gm Cauldrons |
 0x350D...E3680B | 1.524B | Yes, Add the gm Cauldrons |
 0xDCB7...98F631 | 67.219M | Yes, Add the gm Cauldrons |
 0x3dC6...018958 | 44.301M | Yes, Add the gm Cauldrons |
 0x54c4...A94892 | 32.019M | Yes, Add the gm Cauldrons |
VOTE POWER
0
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Proposal Status
- Mon November 27 2023, 05:02 pmVoting Period Starts
- Wed November 29 2023, 05:00 pmEnd Voting Period
Current Results
1-Yes, Add the gm Cauldrons
3.837B
Quorum 3.837B/3B