closedEnded 4 years ago · Snapshot (Offchain)
QIP127: Add Support for BeamShare Vaults on Manhattan Finance
By 0xAd95...268C27Continue Reading
Partnership details
BeamSwap vaults on Manhattan Finance will allow users to mint MAI against SHARE (staked GLINT) on Moonbeam at a fixed interest rate. BeamSwap will add vault creation and management to their UI.
In exchange for MAI support for GLINT, BeamSwap will introduce liquidity mining rewards for MAI LPs on their DEX.
GLINT: https://www.coingecko.com/en/coins/beamswap BeamSwap:https://beamswap.io/
Vault specifications
- Collateral assets to be used: GLINT
- Max. LTV: 40%
- Interest rate fee: 12% APR (Fixed)
- Oracle provider: Witnet
- Risk rating: C-
- Risk assessment: https://docs.google.com/spreadsheets/d/1RfoLzktkhIQNy-H_8dQGEW2uONeYaY0vPYm8daHFVv8/edit?usp=sharing
Motivation
- Expand in Moonbeam ecosystem
- 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 52
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6523...456547 | 2.705M | Approve proposal |
 0x639A...E827cc | 605,526 | Approve proposal |
 0xEf11...994234 | 253,725 | Approve proposal |
 0x9eF0...D69444 | 192,374 | Approve proposal |
 0x030F...72BDe9 | 160,238 | Further discussions needed |
VOTE POWER
0
Connect Wallet
Proposal Status
- Wed July 20 2022, 10:35 amVoting Period Starts
- Sat July 23 2022, 10:35 amEnd Voting Period
Current Results
1-Approve proposal
4.055M
2-Further discussions needed
233,630.135