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closedEnded 4 years ago Â· Snapshot (Offchain)

PIP-07: Remove Deposit Fees For BAYC and MAYC Vaults

By 0x51C2...025a1B

Abstract Removing the 0.5% deposit fee for each loan generated may increase adoption to the BAYC and MAYC Vaults

Background BAYC and MAYC are eligible to draw debt (PUSd) from lending vaults on the JPEG’d protocol. Each loan drawn incurs a 0.5% deposit fee deducted from the PUSd given to each borrower. To incentivize further demand of these vaults the protocol can remove these fees.

Proposal Remove the 0.5% deposit fee for the BAYC and MAYC vaults.

Connect Wallet to Add Note
0
Votes 41
VoterCast PowerVote & Rationale
0x9c50...a5dAC5
787.64M

Remove deposit fees

0xC283...29F3dF
526.138M

Remove deposit fees

0x88a6...1E7FC3
364.356M

Remove deposit fees

0x4702...E247dC
310M

Remove deposit fees

0xe93A...c8B3db
205.398M

Remove deposit fees

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Mon August 15 2022, 11:55 pmVoting Period Starts
  • Thu August 18 2022, 11:55 pmEnd Voting Period
Current Results

1-Remove deposit fees

2.311B

97.77%

2-Do not remove deposit fees

52.694M

2.23%
Quorum 2.364B/2.083B
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