closedEnded 4 years ago · Snapshot (Offchain)
QIP102: Add yvUSDC as Collateral for MAI
By 0xAd95...268C27Continue Reading
yvUSDC (Yearn Vault USDC) is a USDC strategy on Yearn Finance. It earns yield from Iron Bank.
At the time of writing, there was $13M locked in yvUSDC. There are no major use cases for yvUSDC on Fantom.
Motivation
- grow relationship with Yearn
- increase protocol revenue
- increase TVL
Quorum Standards
The option with the most votes will be adopted.
A weighted average will be used to decide on the minimum CDR if the following conditions are met:
- The options to add yvUSDC collectively outweigh the option to not add yvUSDC.
- The option to not add yvUSDC receives more votes than any option to add yvUSDC.
Options
- Add yvUSDC at 110% min CDR
- Add yvUSDC at 115% min CDR
- Add yvUSDC at 120% min CDR
- Further discussions needed
min CDR = minimum collateral to debt ratio
Connect Wallet to Add Note
0Votes 117
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6523...456547 | 2.794M | Add yvUSDC at 120% min CDR |
 0x3824...AEf659 | 726,461 | Add yvUSDC at 110% min CDR |
 0x7Da8...6a77Dc | 635,707 | Add yvUSDC at 120% min CDR |
 0xF826...E36729 | 303,675 | Add yvUSDC at 120% min CDR |
 0xEf11...994234 | 246,292 | Add yvUSDC at 120% min CDR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Mon May 16 2022, 04:00 pmVoting Period Starts
- Thu May 19 2022, 04:00 pmEnd Voting Period
Current Results
1-Add yvUSDC at 120% min CDR
4.557M
2-Add yvUSDC at 110% min CDR
1.454M
3-Further discussions needed
104,906.344