closedEnded 4 years ago · Snapshot (Offchain)
QIP151: Add yvETH as Collateral for MAI
By 0xAd95...268C27Continue Reading
yvETH is a receipt token for an ETH strategy on Yearn Finance. The strategy earns 0.37% APY, which comes from both Lido and Alpha Homora.
At the time of writing, yvETH has a TVL of $92M on Ethereum.
Proposed risk parameters
- 125% minimum collateral to debt ratio
- Minimum borrow: 10,000 MAI
- Maximum borrow per vault: 20M 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 yvETH as collateral
- Further discussions needed
Risk grading: C+
https://riskmanagement.qidao.community/en/tokens/yveth-ethereum
Connect Wallet to Add Note
0Votes 63
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6523...456547 | 2.65M | Add yvETH as Collateral for MAI |
 0xEf11...994234 | 257,996 | Add yvETH as Collateral for MAI |
 0x9eF0...D69444 | 196,213 | Add yvETH as Collateral for MAI |
 0xc59e...59A88A | 104,406 | Add yvETH as Collateral for MAI |
 0x52Ad...0716C7 | 80,915 | Add yvETH as Collateral for MAI |
VOTE POWER
0
Connect Wallet
Proposal Status
- Sat September 03 2022, 06:23 amVoting Period Starts
- Tue September 06 2022, 05:00 amEnd Voting Period
Current Results
1-Add yvETH as Collateral for MAI
3.621M
2-Further discussions needed
39,288.596