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Magic Internet MoneyMagic Internet Moneyby0x5EeDA5BDF0A647a7089329428009eCc9CB9451ccabracadabradaoeoa.eth

AIP #13.5: Interest rate adjustment for the CRV cauldrons

Voting ended over 2 years agoSucceeded

tl;dr Abracadabra is currently exposed to significant amounts of CRV risk. To address this, a strategy is proposed to apply collateral-based interest to both CRV cauldrons.

All proceeds from this strategy will be kept in our treasury and used to reduce the DAO risk associated with the liquidity conditions associated with CRV.

📖 Read the proposal here: https://forum.abracadabra.money/t/aip-13-5-interest-rate-adjustment-for-the-crv-cauldrons/4320

Off-Chain Vote

Yes, Raise Interest
4.01B SPELL27.7%
No, Keep Interest stables
10.45B SPELL72.3%
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Discussion

Magic Internet MoneyAIP #13.5: Interest rate adjustment for the CRV cauldrons

Timeline

Aug 01, 2023Proposal created
Aug 01, 2023Proposal vote started
Aug 03, 2023Proposal vote ended
Mar 12, 2025Proposal updated