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Rari Capital DAORari Capital DAOby0x5897e285f36da748c51574Ee6C1ffa629A53Ca480x5897…Ca48

Should we go with Max Asset Cap Implementation for Fuse Pool

Voting ended almost 5 years agoSucceeded

Summary : Background: Currently, there are no upper foundation on the assets that can be supplied to Fuse Pool. It can cause some problems, that will lead to improper liquidations. For example let's say uni swap has $1 mil of liquidity for some asset, and we have $1.5 mil of assets in the Fuse pool

Abstract : I have implemented a mapping, that stores the Max Asset Cap for each asset. A fuse Pool admin or Asset Cap Guardian can set up this value.

Motivation : A Maximum asset cap would help to fix the maximum amount of asset that can be deposited in the Fuse Pool. It will prevent improper liquidiations for every asset deposited in the Fuse Pool

Solution Proposed : https://github.com/Rari-Capital/compound-protocol/pull/1

I am Aditya Dhir, a computer Science and Engineering Student. Currently working as Blockchain developer at leading startup.

I would like to request the payment of USD 2000 once the Code is reviewed. Currently I have implemented the functionality for the Max Asset Cap.

Off-Chain Vote

yes
10.2K 11.3%
No
80.42K 88.7%
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Timeline

Jun 16, 2021Proposal created
Jun 16, 2021Proposal vote started
Jun 19, 2021Proposal vote ended
Oct 26, 2023Proposal updated