DIP030 - Proposal to Add Collateral Support for PDI
Summary
It is proposed by Phuture protocol to list PDI (Phuture DeFi Index) as collateral on dForce.
Motivation
Phuture is a decentralised protocol built for the creation and investment of token-based passive investment strategies.
This proposal seeks to list the Phuture Defi Index (PDI), as a collateral asset on dForce. Allowing users to supply and borrow PDI.
The Phuture DeFi Index (PDI) offers exposure to the top crypto assets by market capitalisation in DeFi. The assets in this index are part of the Ethereum ecosystem. PDI itself is an ERC-20 token that is redeemable for the underlying index assets, or USD value at any time.
Current PDI assets - for the most up to date list: www.phuture.finance/products/pdi
- UNI - 30%
- AAVE - 16.26%
- LIDO - 15.74%
- SNX - 9.36%
- MKR - 8.82%
- 1INCH - 4.89%
- COMP - 4.43%
- YFI - 3.90%
- BAL - 3.40%
- SUSHI - 3.21%
Click here to view the full proposal and community discussions.
Off-Chain Vote
Yes - Support
4.19M DF24.9%
Against - Do nothing
12.66M DF75.1%
Timeline
Nov 10, 2022Proposal created
Nov 10, 2022Proposal vote started
Nov 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated