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Magic Internet MoneyMagic Internet Moneyby0x5EeDA5BDF0A647a7089329428009eCc9CB9451ccabracadabradaoeoa.eth

AIP #32 - Add a Stargate USDT Cauldron on KAVA

Voting ended over 2 years agoSucceeded

Tl;dr Add a Stargate USDT cauldron on KAVA network.

0.15% Borrow Fee

0.5 % Liq Fee

97 % LTV

3% Interest

Proposed Oracle: Redstone

Initial top up of 2m $MIMs, with the possibility of scaling up to 10m depending on volumes and liquidity. Further top ups will require 24 hours voting periods.

📖 Read more about the proposal: https://forum.abracadabra.money/t/aip-32-add-a-stargate-usdt-cauldron-on-kava/4368

Off-Chain Vote

Yes, add the Cauldron
3.54B SPELL100%
No, do not add the Cauldron
0 SPELL0%
Quorum:118%
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Discussion

Magic Internet MoneyAIP #32 - Add a Stargate USDT Cauldron on KAVA

Timeline

Sep 28, 2023Proposal created
Oct 01, 2023Proposal vote started
Oct 03, 2023Proposal vote ended
Mar 12, 2025Proposal updated