closedEnded a year ago · Snapshot (Offchain)
AIP #59 - Add a $ENA cauldron on Arbitrum
By 0x5EeD...9451cc
Following the successful integration of various tokens in the cauldron lineup, the next proposed addition is $ENA tokens. This would allow Abracadabra to further expand its DeFi offerings, capitalizing on strong borrow demand for $ENA holders. The proposed terms aim to ensure a safe and profitable lending environment while mitigating risk. Because of Oracle availability, the cauldron is proposed to be launched on Arbitrum.
Interest Rate: 9% Borrow Fee: 1% Minimum Collateralization Ratio (MCR): 80% Liquidation Fee: 6%
Connect Wallet to Add Note
0Votes 10
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x350D...E3680B | 3B | Yes, Add the Cauldron |
 0x9365...4efE35 | 2.801B | Yes, Add the Cauldron |
 0x5538...f5Ac3a | 62.594M | Yes, Add the Cauldron |
 0x7172...984d3B | 31.551M | Yes, Add the Cauldron |
 0xe2Ba...d8Ea69 | 10.386M | Yes, Add the Cauldron |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu November 14 2024, 03:00 pmVoting Period Starts
- Sun November 17 2024, 03:00 pmEnd Voting Period
Current Results
1-Yes, Add the Cauldron
5.924B
2-No, Do not Add the Cauldron
499,115.155
Quorum 5.924B/3B