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DeFragDAODeFragDAOby0x5b39C3907Bd9db69B435A6cbf485915135FfFfd60x5b39…Ffd6

[LIQ-7] Liquidation of 10 Special Genesis Legions.

Voting ended over 2 years agoFailed

Liquidation documentation 👉 https://docs.defrag.fi/protocol/liquidations  👤 Liquidated User: 0x2c8c68f84dfe2be2908f3aa54ab8505b7347ee02  🔗 Liquidation Tx: https://arbiscan.io/tx/0x14dc7b870a9fdc61308eb8b73b5b1272fbe40578e8b0e23df0bd7e08fe08d871  💦 Liquidated Special Genesis Legion IDs: [2712] [2714] [2716] [2661] [41] [6750] [2379] [1112] [3052] [1024]

🗳️ Voting options:

  1. Sell liquidated Legions on Treasure marketplace to MAGIC and convert to USDC asap to cover as much of the outstanding loan balance as possible.
  2. Sell liquidated Legions on Treasure marketplace to MAGIC and hold until USDC rate goes up enough to cover liquidated loan.
  3. Do nothing for now. Hold Legions 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 USDC
1 METAMATH100%
Sell to Magic
0 METAMATH0%
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