executedEnded 3 years ago · Onchain
Risk Parameter Changes for FEI: Part 2
By 0x683a...D26C02Continue Reading
Simple Summary
A proposal to adjust risk parameters for FEI as follows:
- Pause cFEI minting.
- Set reserve factor to 100%.
Background
Details are provided in the governance forum posts regarding FEI.
Motivation
In light of Tribe DAO’s proposal to enter a terminal state, the FEI market on Compound should be deprecated. Pausing FEI supplying and setting a 100% reserve factor is the second step in winding down the FEI market.
This will allow all borrowing positions to be immediately closed. To avoid having your position closed, we’d recommend FEI borrowers on Compound repay their positions as soon as possible.
Specification
- Sets the cFEI reserve factor to 100% by calling
_setReserveFactoron the cFEI contract - Pauses supplying on cFEI by calling
_setMintPausedon the Comptroller contract
By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.
Connect Wallet to Add Note
0Votes 139
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x683a...D26C02 | 126,106 | FOR |
 0x8169...539806 | 101,000 | FOR |
 0x8d07...e6A265 | 70,003 | FOR |
 0x1d29...Da5D1f | 50,013 | FOR |
 0x13BD...138548 | 50,009 | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Published Onchain0x683a...D26C02
- Tue October 11 2022, 09:27 pmVoting Period Starts
- Fri October 14 2022, 03:31 pmEnd Voting Period
- Fri October 14 2022, 03:32 pmQueue Proposal
- Sun October 16 2022, 03:34 pmExecute Proposal
Current Results
1-FOR
560,290.4
2-AGAINST
0.629
3-ABSTAIN
0.06