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DeFragDAODeFragDAOby0x5b39C3907Bd9db69B435A6cbf485915135FfFfd60x5b39…Ffd6

[LIQ-6] Liquidation of 4 Smol Brains.

Voting ended over 2 years agoFailed

Liquidation documentation 👉 https://docs.defrag.fi/protocol/liquidations  👤 Liquidated User: 0x9806480A73660ffC78cBA1aEC11330e6c661b408  🔗 Liquidation Tx: https://arbiscan.io/tx/0x9935bc5d66643fdab08c2a20d8648b5791b7f8c2d292a058f934785ac026c6ba  💸 Outstanding loan balance: $2,372.723 USDC  💦 Liquidated NFT Collateral: Smol Brain #3262 Smol Brain #3265 Smol Brain #9972 Smol Brain #9975

🗳️ Voting options:

  1. Sell liquidated Smols on Trove market to MAGIC and convert to USDC asap to cover as much of the outstanding loan balance as possible.
  2. Sell liquidated Smols on Trove market to MAGIC and hold until USDC rate goes up enough to cover liquidated loan.
  3. Do nothing for now. Hold 4 Smol Brains and revote on what to do next in 45 days.
  4. Initiate an auction and sell liquidated assets to the highest bidder.

Off-Chain Vote

Sell to Magic
0 METAMATH0%
Sell to USDC
1 METAMATH100%
Do nothing & revote in 45 days
0 METAMATH0%
Sell on auction
0 METAMATH0%
Quorum:4%
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Timeline

Jun 06, 2023Proposal created
Jun 06, 2023Proposal vote started
Jun 10, 2023Proposal vote ended
Oct 26, 2023Proposal updated