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DeFragDAODeFragDAOby0x5b39C3907Bd9db69B435A6cbf485915135FfFfd60x5b39…Ffd6

[LIQ-3] Liquidation of 3 Special Genesis Legions.

Voting ended almost 3 years agoFailed

Liquidation documentation: https://docs.defrag.fi/protocol/liquidations  👤 Liquidated User: 0x9806480a73660ffc78cba1aec11330e6c661b408  🔗 Liquidation Tx: https://arbiscan.io/tx/0xeb5d51ad3b928177cc0ae5e570c924067834dbf4b2da784d52bee3143b34f8ee  💸 Outstanding loan balance: $6,516.201 USDC  💦 Liquidated NFT Collateral:

Genesis Special #722 :link: https://trove.treasure.lol/collection/legion-genesis/722 Genesis Special #724 :link: https://trove.treasure.lol/collection/legion-genesis/724 Genesis Special #3087 :link: https://trove.treasure.lol/collection/legion-genesis/3087 🗳️ Voting:

Sell liquidated Legions on Trove market to MAGIC and convert to USDC asap to cover as much of the outstanding loan balance as possible. Sell liquidated Legions on Trove market to MAGIC and hold until USDC rate goes up enough to cover liquidated loan. Do nothing for now. Hold 3 Special Genesis Legions and revote on what to do next in 45 days. Initiate an auction and sell liquidated assets to the highest bidder.

Off-Chain Vote

Sell to Magic.
5 METAMATH100%
Sell to USDC.
0 METAMATH0%
Do nothing & revote in 45 days.
0 METAMATH0%
Sell on auction.
0 METAMATH0%
Quorum:20%
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Timeline

Mar 14, 2023Proposal created
Mar 14, 2023Proposal vote started
Mar 18, 2023Proposal vote ended
Oct 26, 2023Proposal updated