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executedEnded 6 years ago ยท  Onchain

Changing SAI collateral factor to 55%

By 0x54A3...61E189

Following a community discussion, there was widespread consensus to decrease the collateral factor of SAI by 10% per week. The first proposal in this topic was successfully executed; this proposal continues the gradual deprecation of the SAI, by reducing the collateral factor from 65% to 55%.

Collateral Factor

Going from 65% to 55% with the current market prices would cause two small liquidations on the analyzed accounts.

Analysis

(The list does not contain accounts that hold less than 50 SAI)

Analyzed accounts

Forum discussion!

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0
Votes 14
VoterCast PowerVote & Rationale
0x5d89...Ce9e68
100,010

FOR

0x54A3...61E189
100,001

FOR

0x3429...b6F481
95,001

FOR

0x879d...030F11
30,159

FOR

0xD061...7A1FB1
25,000

FOR

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VOTE POWER
0
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Proposal Status
  • Published Onchain 0x54A3...61E189
  • Fri May 22 2020, 05:44 pmVoting Period Starts
  • Mon May 25 2020, 10:11 amEnd Voting Period
  • Mon May 25 2020, 04:36 pmQueue Proposal
  • Wed May 27 2020, 05:06 pmExecute Proposal
Current Results

1-FOR

427,228.88

94.66%

2-AGAINST

24,107.64

5.34%
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