Liquidity Parameters Discussion (Part 1) Signalling Vote: Question 3
Question 3: In the long term, how long should it take to get down to the Minimum Capital Requirement (MCR) based on the current cover amount, assuming everyone exits at maximum speed?
This question is equivalent to ‘How long should we give the mutual to use the remaining capital pool size to back new covers?’
The current size of the capital pool is ~145,700 ETH. The MCR based on the current cover amount is ~5,000 ETH.
This non-binding Snapshot signalling vote is being held to gauge member sentiment on the minimum time period over which the remainder of the capital pool, following the short-term liquidity injection, could be depleted via the RAMM mechanism.
The results of this non-binding signalling vote will be used as key input for the specific parameter packages discussed in more detail during Part 2 of this discussion.
Voting options
The voting options shown below are based on member’s responses in the Part 1 liquidity parameter discussion.
- 1 year
- 2 years
- 3 years
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x2578...fddE43 | 420,590 | 3 years |
 0x1A8c...A34D17 | 272,177 | 3 years |
 0xF1f7...F4ac78 | 164,159 | 1 year |
 0x87B2...455d45 | 149,552 | 3 years |
 0xb7a2...990991 | 100,003 | 3 years |
VOTE POWER
Proposal Status
- Mon August 21 2023, 01:00 pmVoting Period Starts
- Sat August 26 2023, 01:00 pmEnd Voting Period
Current Results
1-3 years
943,660.647
2-1 year
175,806.984
3-2 years
112,009.441