FeedProjects
Developers
Settings
๐ŸŽ‰ A new chapter begins: Boardroom has joined Agora
Learn more
protocol logo
Explore / Projects
Magic Internet Money

Proposals

Members

Information

Create Proposal

Magic Internet Money

ProposalsMembersInformation
Proposal
Back to Proposals
closedEnded 3 years ago ยท Snapshot (Offchain)

AIP #17: Creating the MIM-USDT Overpeg Defense Mechanism (ODM) on Arbitrum

By 0x5EeD...9451cc

tl;dr In order to ensure that we never overpeg during periods of high liquidations / repayments, we want to mint MIM to create a single-sided Uniswap V3 position on Arbitrum where users can trade 1 USDT for 0.9994 MIM.

Connect Wallet to Add Note
0
Votes 30
VoterCast PowerVote & Rationale
0x9365...4efE35
2.05B

Yes, Create the ODM

0x350D...E3680B
563.405M

Yes, Create the ODM

0x5E49...deF044
130.49M

Yes, Create the ODM

0xAE2A...35cae5
64.165M

Yes, Create the ODM

0xDCB7...98F631
52.693M

Yes, Create the ODM

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Mon February 20 2023, 05:00 pmVoting Period Starts
  • Thu February 23 2023, 05:00 pmEnd Voting Period
Current Results

1-Yes, Create the ODM

2.982B

DocumentationBrandingContact Us
Home
This Project is Currently Disabled

If you would like to enable it, please checkout below.

Boardroom Subscription

Sign up for an individual subscription (access all projects on the platform)

Subscribe
Enable Project

Enable the entire project for every user

Enable Project
Contact Us