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closedEnded 3 years ago · Snapshot (Offchain)

AIP #16: Add an $APE Cauldron

By 0x5EeD...9451cc

TL;DR: Add a new market using $APE (in the form of $magicAPE) as collateral.

Initial Interest: 18% Borrow Fee: 0% MCR: 70% Liquidation Fee: 7.5% Initial top up of 3m $MIMs, with the possibility of scaling up to 7m depending on volumes and liquidity.

Note: this market will accept magicAPE tokens as collateral. magicAPE is Abracadabra’s in-house $APE auto compounder, read more about magicAPE below!

Connect Wallet to Add Note
0
Votes 29
VoterCast PowerVote & Rationale
0x9365...4efE35
2.05B

Yes, add a magicAPE cauldron

0x350D...E3680B
563.405M

Yes, add a magicAPE cauldron

0x5E49...deF044
130.49M

Yes, add a magicAPE cauldron

0xAE2A...35cae5
64.093M

Yes, add a magicAPE cauldron

0x3B31...d23FF4
58.726M

No, dont add a magicAPE cauldron

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VOTE POWER
0
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Proposal Status
  • Tue February 14 2023, 03:00 pmVoting Period Starts
  • Thu February 16 2023, 03:00 pmEnd Voting Period
Current Results

1-Yes, add a magicAPE cauldron

2.87B

97.88%

2-No, dont add a magicAPE cauldron

62.172M

2.12%
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