MIP 86 Amendment
MIP-86 proposed a multiplier system whereby certain assets earn a multiplier (can be a decimal, meaning less) of the base reward rate, and called for applying a multiplier of 2/3 to lending and borrowing of ETH-denominated assets, and a multiplier of 1/6 to lending and borrowing of BTC-denominated assets.
Given that MIP-86 did not specify a timeline for implementation, and there has been feedback that implementing these multipliers in a single step is too aggressive, this is an amendment proposal to clarify the implementation timeline.
A “yes” vote means that the multipliers specified in MIP 86 will be applied in three stages of two weeks each. The full multiplier of 2/3 for ETH and 1/6 for BTC would be reached in 6 weeks from the conclusion of the voting period.
A “no” vote means that the multipliers will be put in place as soon as possible following the conclusion of the voting period, as implied by the original MIP-86.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x42E6...183fB0 | 847,650 | For |
 0x5491...2B199b | 789,181 | For |
 0x1876...0d2B8D | 531,816 | Abstain |
 0xB217...0A6B87 | 168,971 | For |
 0x2949...f20CC0 | 140,685 | For |
VOTE POWER
Proposal Status
- Sun December 29 2024, 04:22 amVoting Period Starts
- Wed January 01 2025, 04:22 amEnd Voting Period
Current Results
1-For
2.128M
2-Abstain
531,815.796
3-Against
18.371