Rebalance #1 (Unwrap)
Unwrap aKNC, aREN and aMKR back to KNC, REN and MKR.
These tokens are each earning less than 0.01% of yield currently.
Unwrapping these tokens will save around 700k in gas for minting and burning, which will reduce the cost to mint and burn BDI positions and decrease the deviation from NAV of the product.
Voting options:
Yes: Unwrap these tokens
No: Do nothing
Conditions to pass: 60% of votes vote yes over 10000 BASK votes on this proposal.
Off-Chain Vote
Yes: Unwrap these tokens
10.03K 99.8%
No: Do nothing
17.56 0.2%
Timeline
May 06, 2021Proposal created
May 07, 2021Proposal vote started
May 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated