Add Space Doodles as Collateral

Background

Space Doodles are NFT that wraps Doodles - holders transfer a Doodle in and get a Space Doodle out. At any time holders are only allowed to hold a Doodle or a Space Doodle, never both.

Space Doodles OpenSea: https://opensea.io/collection/space-doodles-official Space Doodles Docs: https://docs.doodles.app/space-doodles-documentation

Proposal

This proposal is to add Space Doodles as collateral on BendDAO. Doodles collection is one of the supported collections on BendDAO. Space Doodles is wrapped Doodles which should be considered as Doodles as well.

The amount to borrow of Space Doodles will be 30% of the Floor Price.

The support of Space Doodles will bring Doodles and BendDAO communities closer. BendDAO stays with NFT communities and the FlashClaim will support Doodles airdrop on May 12th.

Forum link: https://governance.benddao.xyz/t/bip-5-add-space-doodles-as-collateral/33

Specification

All BEND stakers are members of Bend DAO. Voting Quorum: 15M veBEND Pass Rate: Over 66% Approve.

Start Time: May 8th, 2022, 2:00 pm UTC End Time: May 9th, 2022, 2:00 pm UTC