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Agave FinanceAgave Financeby0x1beeDEeF63d7746D5A6589B0993f92c6A832f6ba0x1bee…f6ba

AGIP 30 - Set 0 Reserve Factor for unredeemed colaterals

Voting ended about 2 years agoSucceeded

Rationale:

AGIP 30 seeks to set the reserve factor of the assets that aren’t being redeemed from the Treasury to 0. WBTC, EURe, and wstETH do not generate enough yield to justify the redemption process so protocol fees will be turned off.

Off-Chain Vote

For
2.56K AGVE100%
Against
0 AGVE0%
Abstain
0 AGVE0%
Quorum:256%
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Discussion

Agave FinanceAGIP 30 - Set 0 Reserve Factor for unredeemed colaterals

Timeline

Mar 10, 2024Proposal created
Mar 10, 2024Proposal vote started
Mar 13, 2024Proposal vote ended
Mar 13, 2024Proposal updated