closedEnded 4 years ago · Snapshot (Offchain)
QIP122: Add Support for KAVA Vaults on Manhattan Finance
By 0xAd95...268C27Continue Reading
Proposal details
KAVA vaults on Manhattan Finance will allow users to mint MAI on Kava Network at a fixed interest rate. KAVA is the gas token for Kava Network.
KAVA: https://www.coingecko.com/en/coins/kava Kava Network: https://www.kava.io/
Vault specifications
- Collateral assets to be used: KAVA
- Max. LTV: 66.67%
- Interest rate fee: 1% APR (Fixed)
- Oracle provider: Witnet
- Risk grading: B+
- Risk assessment: https://docs.google.com/spreadsheets/d/1EQHHYR9UhLXlXIXKCHqhwClY1mZ7BMsSxJ5xk0i1kbk/edit?usp=sharing
Motivation
- Enter Kava and Cosmos ecosystems
- Introduce MAI to new audiences
- Increase revenue to QiDao
- Increase TVL
Quorum Standards
The option with the most votes will be adopted.
Options
- Approve proposal
- Further discussions needed
Connect Wallet to Add Note
0Votes 80
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6523...456547 | 2.712M | Approve proposal |
 0x329c...543eD4 | 1.207M | Approve proposal |
 0xA47d...380F41 | 938,247 | Approve proposal |
 0xEf11...994234 | 251,685 | Approve proposal |
 0x9eF0...D69444 | 192,943 | Approve proposal |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu July 14 2022, 11:05 pmVoting Period Starts
- Mon July 18 2022, 10:00 amEnd Voting Period
Current Results
1-Approve proposal
5.893M
2-Further discussions needed
12,451.369