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Convex FinanceConvex Financeby0x724061efDFef4a421e8be05133ad24922D07b5Bf0x7240…b5Bf

[PRISMA] [PIP-036] Unpausing Prisma Protocol - re-enable borrowing post-security incident

Voting ended almost 2 years agoSucceeded

Quorum: 8.80m CVX

Unpausing the protocol is a critical part of the path to recovery and it will reestablish normal functionality, including complete Vault management and deposits into the Stability Pool.

Nothing has changed in the market demand for stablecoins overcollateralized by LSTs and LRTs. After undertaking the safety precautions outlined below and enacting this proposal, the Prisma DAO can continue to drive demand for mkUSD and ULTRA and work with other protocols to further the DeFi space.

Read more: https://gov.prismafinance.com/t/unpausing-prisma-protocol-re-enable-borrowing-post-security-incident/159/1

Off-Chain Vote

Yes
9.94M CVX100%
No
0 CVX0%
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Timeline

Apr 04, 2024Proposal created
Apr 04, 2024Proposal vote started
Apr 07, 2024Proposal vote ended
Apr 07, 2024Proposal updated