BLIP-2 - Polygon markets

Based Loans are launching on Polygon. You are voting to create 12 money markets on BLO Polygon.

Markets

• WBTC (Collateral)
• USDT (Collateral)
• USDC (Collateral)
• SNX (Collateral)
• WMATIC (Collateral)
• AAVE (Collateral)
• CRV (Collateral)
• WETH (Collateral)
• QUICK (Non-collateral)
• BLO (Non-collateral)
• BIFI (Non-collateral)
• ADDY (Non-collateral)

Approach

• We limited markets to those having WETH liquidity pools on Sushi / Quickswap due to technical limitations.
• We prioritized tokens with large liquidity pools so liquidation can take place.
• We prioritized token assets that are not available on other Polygon lending protocols.
• BLO market will be launched once it has a large liquidity pool (soon).
• We will be launching more markets in the days to come, specifically markets having WMATIC liquidity pools.