closedEnded 2 years ago · Snapshot (Offchain)
SAIP #43: Add a WBTC and WETH Market
By 0x941e...378De9Continue Reading
Tl;dr: Add a new BTC and WETH market on Arbitrum, to allow market makers to borrow MIM and pair it with USDT and USDC to improve liquidity for MIM on chain.
Both Market Parameters:
Interest: 6%
Borrow Fee: 0.25%
MCR: 80%
Liquidation Fee: 6%
Initial top up of 1 m $MIMs each, with the possibility of scaling up to 3m depending on volumes and liquidity without further votes.
Connect Wallet to Add Note
0Votes 5
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9365...4efE35 | 2.165B | Yes, Launch the Cauldrons |
 0x350D...E3680B | 2.022B | Yes, Launch the Cauldrons |
 0x3025...E8A054 | 105.182M | Yes, Launch the Cauldrons |
 0xfa23...0564D1 | 1.279M | Yes, Launch the Cauldrons |
 0xb2Ae...1525F5 | 131,681 | Yes, Launch the Cauldrons |
VOTE POWER
0
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Proposal Status
- Thu January 25 2024, 05:00 pmVoting Period Starts
- Fri January 26 2024, 05:00 pmEnd Voting Period
Current Results
1-Yes, Launch the Cauldrons
4.293B
Quorum 4.293B/3B