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closedEnded 3 years ago ยท Snapshot (Offchain)

AIP #20 - Protocol-owned Liquidity: MIM3pool Cauldron

By 0x5EeD...9451cc

Add a new private cauldron accepting MIM-3pool (staked in convex for boosted rewards) as collateral, open only for Abracadabraโ€™s 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).

๐Ÿ“– Read more about it: https://forum.abracadabra.money/t/aip-20-protocol-owned-liquidity-mim3pool-cauldron/4194

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0
Votes 19
VoterCast PowerVote & 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

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0
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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

99.89%

2-No, Do not Proceed with AIP #20

3.466M

0.11%
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