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Agave FinanceAgave Financeby0xdec0DED0606B7d0560ADEBD6C3a919a671dB4D660xdec0…4D66

Add GNO Market to Agave

Voting ended about 4 years agoSucceeded

This proposal intends to gather the community consensus about adding a GNO Market to Agave on Gnosis Chain. The configurations suggested are: { optimalUtilizationRate: 0.45% baseVariableBorrowRate: 0, variableRateSlope1: 7%, variableRateSlope2: 300%, baseLTVAsCollateral: 55%, liquidationThreshold: 65%, liquidationBonus: 10%, borrowingEnabled: true, stableBorrowRateEnabled: false, reserveDecimals: 18, reserveFactor: 20%, } These have been discussed on discord and there seemed to be consensus. For comparison, these are very similar to STAKE parameters. Only difference being that the LTV is raised by 5% from 2x max margin to 2.25x max margin.

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Timeline

Jan 09, 2022Proposal created
Jan 09, 2022Proposal vote started
Jan 12, 2022Proposal vote ended
Oct 26, 2023Proposal updated