New Feature: Borrow Caps
This proposal implements a new comptroller with the “borrow caps” feature requested by the community. On each borrow, the new total borrows is checked against the borrow cap and reverts if the new total borrows is too large.
The actual usage of borrow caps will come at a later date once the community understands the new feature fully. Then, it will be how to use the borrow caps and what the role of the Borrow Cap Guardian will be.
This patch has been discussed and developed in the open, reviewed by members of the community, and tested on the Kovan testnet. New scenario tests and fork simulations for the new contract were written. The new contract has been reviewed by Open Zeppelin and no major issues were found. Their recommendations were taken into account for the new comptroller deployment.
The last two calls withdraw from the cSAI reserves about $5000 worth of SAI and sends it to Arr00 as a bounty for organizing and implementing this proposal.
Discussion GitHub pull request
Proposal by Arr00
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xeD40...5608fF | 325,849 | FOR |
 0xAC57...72FaF6 | 105,043 | FOR |
 0x54A3...61E189 | 100,035 | FOR |
 0x7e4A...8B19Fa | 100,026 | FOR |
 0x5d89...Ce9e68 | 75,000 | FOR |
VOTE POWER
Proposal Status
- Published Onchain0x54A3...61E189
- Tue September 08 2020, 10:28 pmVoting Period Starts
- Fri September 11 2020, 02:12 pmEnd Voting Period
- Fri September 11 2020, 02:15 pmQueue Proposal
- Sun September 13 2020, 03:12 pmExecute Proposal
Current Results
1-FOR
805,960.06
2-AGAINST
15,015.342