closedEnded 3 years ago · Snapshot (Offchain)
Paying Debt partially with WELL
By 0x67Ee...A55554
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For now, protocol is giving $WELL as a supply APY. I suggest taking $WELL as a burrow APY as well.
Down below is structures of both supply / burrow APY.
| Supply APY | Burrow APY |
|---|---|
You can see debts are paid merely with burrowed assets. I suggest we split small percentage to $WELL.
Down below is the result.
| Burrow APY - now | Burrow APY - to be |
|---|---|
Still, demanding user self to pay $WELL would be ineffective. So i suggest automating this procedure with users payments. Down below Luke suggested using Gelato, i think its great idea.
Lets create new supply and demand cycle for $WELL.
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0Votes 169
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x67Ee...A55554 | 4.12M | Yes |
 0x51c3...bAe040 | 1.928M | No |
 0x183b...16E674 | 1.006M | No |
 0xB9b8...804CBb | 961,538 | No |
 0x21FC...2a060e | 770,909 | Yes |
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Proposal Status
- Wed November 16 2022, 03:19 amVoting Period Starts
- Sat November 19 2022, 03:19 amEnd Voting Period
Current Results
1-Yes
12.867M
2-No
4.271M
3-Abstain
229,602.435
Quorum 17.367M/10M