SAIP #35: Add a gmLink Cauldron
TL;DR: Add one new gmMarket using gmLink as collateral on Arbitrum.
Cauldrons parameters:
gmLINK -70% LTV
-6.9% Interest
-1% Borrow Fee
-6% Liquidation Fee
Initial Top Up: 5m MIMs
📖 Read more on the proposal: https://forum.abracadabra.money/t/saip-35-add-a-gmlink-cauldron/4421
Off-Chain Vote
Yes, Add the cauldron
3.8B SPELL100%
No, do not add the cauldron
0 SPELL0%
Quorum:127%
Discussion
Timeline
Dec 07, 2023Proposal created
Dec 07, 2023Proposal vote started
Dec 09, 2023Proposal vote ended
Mar 12, 2025Proposal updated