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closedEnded 5 years ago ยท Snapshot (Offchain)

PDP 21: Migrate DAI and WBTC to Aave v2

By 0xE76B...10c2f6

Posted on behalf of the mStable ProtocolDAO

This forum post and MCCP 5 specified the proposal to migrate DAI and WBTC that are in mStableโ€™s SAVE to Aave v2.

DAI is currently deposited in Compound, while WBTC is not deposited in any lending protocol. This proposal seeks to increase the overall yield on interest bearing mAssets, due to higher yields on Aave v2 and in addition, making use of the liquidity mining to earn staked AAVE (a.k.a stkAAVE). The proceeds of this earned asset will go towards interest bearing mUSD (imUSD) and interest bearing mBTC (imBTC) asset holders.

Should we migrate DAI and WBTC to Aave v2?

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0
Votes 64
VoterCast PowerVote & Rationale
0x365a...6e1Df7
42,987

Yes

0x18e0...3F5D91
37,402

Yes

0x874f...8FFDA9
35,207

Yes

0xD663...58B34b
35,171

Yes

0x3644...4e8Be8
20,583

Yes

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0
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Proposal Status
  • Mon May 03 2021, 08:00 amVoting Period Starts
  • Fri May 07 2021, 08:00 amEnd Voting Period
Current Results

1-Yes

276,703.381

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