BIP #51 Adjust LTV and liquidation on existed collections

Summary

Adjust collections LTV to make BendDAO protocol more competitive

Background With the arrival of the bull market, the current conservative strategy makes BendDAO uncompetitive, so to attract more participants and get more market share, we should make some changes on it.

Phase 1: Idea or Draft Minimum number of supports: 10 - Pass Discord Idea: https://discord.com/channels/897709643948761148/1209112815906852984

Phase 2: BendDAO Forum Discord Minimum number of voters: 10 - Pass Forum: Adjust LTV and liquidation on existed collections - BIP Ideas - BendDAO

Phase 3: On-chain voting Voting Quorum: Approximately 56M veBEND (10% of the total supply) Pass Rate: Over 70% Approve. The voting will last for 7 days.

Changes

• CryptoPunks: LTV 60% → 70%, Liquidation 80% → 85%
• BAYC: LTV 60% → 70%, Liquidation 80% → 85%
• Pudgy Penguins : LTV 50% → 70%, Liquidation 80% → 85%
• Others: LTV 30% → 50%

$BEND Token Incentives: None