closedEnded 4 years ago · Snapshot (Offchain)
QIP148: Add yvLINK as Collateral for MAI
By 0xAd95...268C27Continue Reading
yvLINK is a receipt token for a LINK strategy on Yearn Finance. The strategy earns 2.79% APY, which comes from 88MPH.
At the time of writing, yvLINK has a TVL of $805,000 on Ethereum.
Proposed risk parameters
- 140% minimum collateral to debt ratio
- Minimum borrow: 10,000 MAI
- Maximum borrow per vault: 800,000 MAI
Motivation
- Grow TVL on Ethereum
- Increase revenue
- Strengthen relationship with Yearn
Quorum Standards
The option with the most votes will be adopted.
Options
- Add yvLINK as collateral
- Further discussions needed
Risk grading: C-
https://riskmanagement.qidao.community/en/tokens/yvlink-ethereum
Connect Wallet to Add Note
0Votes 60
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6523...456547 | 2.652M | Add yvLINK as collateral |
 0x80B3...3E6e1d | 2.001M | Add yvLINK as collateral |
 0xEf11...994234 | 257,269 | Add yvLINK as collateral |
 0x9eF0...D69444 | 187,990 | Add yvLINK as collateral |
 0xc59e...59A88A | 102,256 | Add yvLINK as collateral |
VOTE POWER
0
Connect Wallet
Proposal Status
- Wed August 31 2022, 05:41 pmVoting Period Starts
- Sat September 03 2022, 01:00 pmEnd Voting Period
Current Results
1-Add yvLINK as collateral
5.737M
2-Further discussions needed
2,926.642