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Qi Dao | Mai.Finance

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Qi Dao | Mai.Finance

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closedEnded 4 years ago ยท Snapshot (Offchain)

QIP128: Add Support for KSP Vaults on Manhattan Finance

By 0xAd95...268C27

Proposal details

KSP vaults on Manhattan Finance will allow users to mint MAI on Klaytn at a fixed interest rate. KSP is the governance token of Klayswap, the leading DEX on Klaytn.

KSP: https://www.coingecko.com/en/coins/klayswap-protocol Klaytn: https://klayswap.com/

Vault specifications

  • Collateral assets to be used: KSP
  • Max. LTV: 62.5%
  • Interest rate fee: 3% APR (Fixed)
  • Oracle provider: Witnet
  • Risk grading: B-
  • Risk assessment: https://docs.google.com/spreadsheets/d/1k7NQzP9FBowjtKmvRBDOo07TOeSRTue17fnqiKzC6_8/edit?usp=sharing

Motivation

  • Enter Klaytn ecosystems
  • Deepen partnership with Klayswap
  • 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
Continue Reading
Connect Wallet to Add Note
0
Votes 52
VoterCast PowerVote & Rationale
0x6523...456547
2.705M

Approve proposal

0x639A...E827cc
605,531

Approve proposal

0xEf11...994234
253,724

Approve proposal

0x030F...72BDe9
160,237

Further discussions needed

0x93A7...B8fF52
58,741

Approve proposal

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Wed July 20 2022, 10:44 amVoting Period Starts
  • Sat July 23 2022, 10:44 amEnd Voting Period
Current Results

1-Approve proposal

3.899M

95.23%

2-Further discussions needed

195,475.943

4.77%
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