Raise Punk Vault A from 2% to 4%
During the bear market, borrowing was minimal and raising public awareness from crypto native degens was priority #1
Currently, the calculus has changed significantly.
Both Cryptopunk Vault A and B are fully maxed out and over-subscribed.
Vault A currently has 3.25M of capacity. Vault B has 1.5M of capacity
Vault B (5% USD Borrow) has been fully slurped up… usually within a week of opening the caps and is in massive demand still.
Raising interest rates on punk vault A to 4% would accrue $65k extra per year.
As such, the A-vault would be still be slightly under the current US treasury risk free (4.3%) and very competitive in todays borrowing markets.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xd3Ae...c661c0 | 832.055M | No increase |
 0x6800...1cF4e0 | 828.044M | No increase |
 0x2797...93559D | 385.138M | No increase |
 0x95B5...a4ebC4 | 138.197M | Increase to 4% |
 0x9482...e6040C | 59.15M | No increase |
VOTE POWER
Proposal Status
- Thu February 29 2024, 05:06 pmVoting Period Starts
- Sun March 03 2024, 05:06 pmEnd Voting Period
Current Results
1-No increase
2.157B
2-Increase to 4%
138.197M