executedEnds a year ago · Standard Governor
# Set Mint Ratio to 98% [9,800 bps]
By 0xDc01...bdE771
The MAP is proposing to increase the Mint Ratio from 97.00% to 98.00%. This 1% increase would grant ecosystem Minters more capital efficiency and operational flexibility while not materially affecting M overcollateralization in rising interest rate environments.
Increasing the Mint Ratio would allow Minters on our network to improve capital efficiency as protocol TVL continues to scale, resulting in approx. USD $1m capital savings for every $100m in TVL growth. Minters are also expected to run operations with an additional operating buffer vs. the Mint Ratio to avoid incurring penalties and thus the effective Mint Ratio is likely to fall between the previously established 97.00% and the go-forward 98.00%.
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0Votes 57
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x76Df...9D7695 | 303,259 | YES |
 0x2dE6...ae0624 | 297,510 | YES |
 0x26AE...19b387 | 297,510 | YES |
 0x3A65...234F84 | 258,041 | YES |
 0xAb36...Ee7772 | 175,484 | NO |
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Proposal Status
- Wed April 09 2025, 01:00 pmVoting Period Starts
- Thu April 24 2025, 01:00 pmEnd Voting Period
- Queue Proposal
- Thu April 24 2025, 01:26 pmExecute Proposal
Current Results
1-YES
2.112M
2-NO
245,010
Quorum 2.357M/1