closedEnded 3 years ago · Snapshot (Offchain)
QIP196: Add LDO as Collateral for MAI
By 0xAd95...268C27Continue Reading
LDO is the governance token for Lido Finance. Its market cap is currently around $1.6Bn.
LDO token: https://www.coingecko.com/en/coins/lido-dao
Vault specifications
- Collateral asset to be used: LDO
- Minimum collateral to debt ratio: 130%
- Minimum debt: 10,000 MAI
- Maximum debt: 10M MAI
- Interest rate: 4% APR (fixed)
- Repayment fee: 0%
- Oracle provider: Chainlink
- Risk grading: B+
- Risk methodology: https://docs.google.com/spreadsheets/d/10ruz5swkaFT8JHE7XVG6YGJfCcRlKhOPyXznRYYXE0g/edit?usp=sharing
Motivation
- Support Lido Finance with new financing options
- Grow revenue and market share on Ethereum
- Introduce new audiences to QiDao
Quorum Standards
The option with the most votes will be adopted.
Options
- Approve proposal
- Further discussions needed
- Abstain
Connect Wallet to Add Note
0Votes 276
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x5f99...d018af | 11.39M | Approve proposal |
 0x80B3...3E6e1d | 1.611M | Approve proposal |
 0x4d17...e4d3b3 | 115,909 | Approve proposal |
 0x93A7...B8fF52 | 63,887 | Approve proposal |
 0x9c57...A3Fa52 | 48,178 | Approve proposal |
VOTE POWER
0
Connect Wallet
Proposal Status
- Sun May 14 2023, 09:07 amVoting Period Starts
- Wed May 17 2023, 09:07 amEnd Voting Period
Current Results
1-Approve proposal
13.679M
2-Abstain
46,026.198
3-Further discussions needed
1,221.773