closedEnded 3 years ago · Snapshot (Offchain)
QIP192: Add cbETH as Collateral for MAI
By 0xAd95...268C27Continue Reading
cbETH is a ETH liquid staking derivative / token from Coinbase. Its TVL is over $2bn on Ethereum.
cbETH: https://www.coingecko.com/en/coins/coinbase-wrapped-staked-eth
Vault specifications
- Collateral asset to be used: cbETH
- Minimum collateral to debt ratio: 125%
- Performance fee: 20% of yield
- Minimum debt: 10,000 MAI
- Maximum debt: 10M MAI
- Oracle provider: Chainlink
- Risk grading: C+
- Risk methodology: https://mai.watch/en/assessments/cbeth-ethereum
Motivation
- 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 399
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x5D22...5a142D | 4.583M | Approve proposal |
 0x9eF0...D69444 | 165,527 | Approve proposal |
 0xbcc1...73A126 | 71,473 | Approve proposal |
 0xe0a4...996332 | 63,421 | Approve proposal |
 0x717F...D6D540 | 51,519 | Approve proposal |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu April 06 2023, 12:09 pmVoting Period Starts
- Sun April 09 2023, 12:09 pmEnd Voting Period
Current Results
1-Approve proposal
5.356M
2-Abstain
3,831.502
3-Further discussions needed
164.709