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BendDAOBendDAOby0x200D26204DDb9Eb07C8c3D73Fbb1E2E16527bD19piratecode.eth

BIP #52 Adjust listing floor price threshold, listing more collections

Voting ended about 2 years agoSucceeded

Summary

Adjust listing floor price threshold, list more collections from BTC & ETH.

Background BendDAO bluechips threshold floorprice is set in last bull market and ETH loan only, but now BTC assets should be added and USDT loan is supported, we need to change the listing floor price from ETH based to USDT based and more collections.

Phase 1: Idea or Draft Minimum number of supports: 10 - Pass Discord Idea: https://discord.com/channels/897709643948761148/1209114400418697256

Phase 2: BendDAO Forum Discord Minimum number of voters: 10 - Pass Forum: Adjust listing floor price threshold, listing more 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

  • Listing Wrapped NodeMonkey from BTC: LTV 30%, Liquidation 80%
  • Listing Wrapped BitcoinFrog from BTC: LTV 30%, Liquidation 80%
  • Listing LilPudgys from ETH: LTV 50%, Liqudiation 80%
  • Listing Milady from ETH: LTV 50%, Liquidation 80%

$BEND Token Incentives: None

Off-Chain Vote

In favor
190.38M veBEND100%
Oppose
0 veBEND0%
Abstain
0 veBEND0%
Download mobile app to vote

Discussion

BendDAOBIP #52 Adjust listing floor price threshold, listing more collections

Timeline

Feb 22, 2024Proposal created
Feb 22, 2024Proposal vote started
Feb 28, 2024Proposal vote ended
Mar 15, 2024Proposal updated