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Magic Internet MoneyMagic Internet Moneyby0x5EeDA5BDF0A647a7089329428009eCc9CB9451ccabracadabradaoeoa.eth

AIP#19: Consolidate UST bad debt under treasury collateralised position

Voting ended about 3 years agoSucceeded

Open a debt position to borrow 7.1M $MIM against treasury collateral and completely repay the bad debt. Going forward, the protocol will aim to reduce this position by 100K $MIM per month.

📖 Read the proposal here: https://forum.abracadabra.money/t/aip-19-consolidate-ust-bad-debt-under-treasury-collateralised-position/4177

Off-Chain Vote

Yes, Proceed with AIP #19
3.04B SPELL100%
No, Do Not Proceed with AIP #19
0 SPELL0%
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Discussion

Magic Internet Money AIP#19: Consolidate UST bad debt under treasury collateralised position

Timeline

Mar 18, 2023Proposal created
Mar 19, 2023Proposal vote started
Mar 22, 2023Proposal vote ended
Mar 12, 2025Proposal updated