AIP #20 - Protocol-owned Liquidity: MIM3pool Cauldron
Add a new private cauldron accepting MIM-3pool (staked in convex for boosted rewards) as collateral, open only for Abracadabraโs treasury.
Interest fee 1% Maximum collateral ratio 98% Liquidation fee 0.5% Borrow fee 0% Initial Top Up: up to 50m MIM
The treasury will borrow against USDT (converted to 3pool) and will conservatively manage the liquidation price (e.g., $0.90).
๐ Read more about it: https://forum.abracadabra.money/t/aip-20-protocol-owned-liquidity-mim3pool-cauldron/4194
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x9365...4efE35 | 2.05B | Yes, Proceed with AIP #20 |
0x350D...E3680B | 844.298M | Yes, Proceed with AIP #20 |
0x5E49...deF044 | 100.49M | Yes, Proceed with AIP #20 |
0x54c4...A94892 | 44.019M | Yes, Proceed with AIP #20 |
0x7EC7...530975 | 11.207M | Yes, Proceed with AIP #20 |
VOTE POWER
Proposal Status
- Sat April 15 2023, 02:00 pmVoting Period Starts
- Tue April 18 2023, 02:00 pmEnd Voting Period
Current Results
1-Yes, Proceed with AIP #20
3.058B
2-No, Do not Proceed with AIP #20
3.466M
