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InsuranceInsuranceby0x38E4f745D85077976AaB2b7D0c3dA101024165B8devsamal.eth

[Feature Request] Option to add insurance cover for liquidity in Stargate

Voting ended almost 3 years agoSucceeded

In the bear market, unfortunately hacking and insolvency has become a norm. With FTX saga (and with Grayscale declining to show proof of reserve), many users are now skeptical to leave their assets in liquidity pool.

So, I would suggest to support the option is having insurance cover for user assets in stargate. Any user can pay a small premium to cover his/her assets in the pool.

This will help users stake/add liquidity without much fear and arrest exodus of liquidity out of our system.

Off-Chain Vote

Yes
3 VOTE100%
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0 VOTE0%
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Timeline

Nov 20, 2022Proposal created
Nov 20, 2022Proposal vote started
Mar 31, 2023Proposal vote ended
Oct 15, 2024Proposal updated