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Beta DAOBeta DAOby0x084Bd069398083C5181a6423A0086C6CE35E91FA0x084B…91FA

[Omni] Listing ATOM on BNB Chain

Voting ended 12 months agoSucceeded

Info Authors: 0x84…91FA

Date Created: 2025-2-5

Summary Following the approval of our proposal, we are launching the ATOM market on BNB Chain for deposit and borrowing purposes.

Motivation Expand our audience and liquidity by adding a high circulating token. Enhance platform versatility by offering a new collateral option. Specifications / Proposal Details ATOM has been a long sustainable assets on BNB Chain with great amount of circulating supply market cap (>$2B) and holders (>79k) on chain. Risk assessments categorize assets into low, medium, and high-risk categories, determining borrowing eligibility and collateral usage. High Risk: ATOM Management parameters like Collateral Factor, Borrow Factor, and liquidation metrics are specified for the asset. Scope of Work Integrate oracle-provided price data to add assets to the Omni platform. Update platform documentation to accurately reflect the expanded asset listings. Timeline Completion expected within 1-2 weeks post-approval.

Budget and Financials No funding requested from the DAO for this proposal.

Vote Single voting with options: “Yes,” “No,” and “Abstain.”

Off-Chain Vote

Yes
1M BETA100%
No
0 BETA0%
Abstain
0 BETA0%
Quorum:100%
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Timeline

Feb 12, 2025Proposal created
Feb 12, 2025Proposal vote started
Feb 17, 2025Proposal vote ended
Feb 17, 2025Proposal updated