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Rari Capital DAORari Capital DAOby0x7c3D0402278366a3e1ed3f2b997005b7cA0e1EBEzhupercycle.lens

Create an Interest Bearing ETH Fuse Pool

Voting ended almost 5 years agoSucceeded

Summary: I am proposing a pool of a tokenized interest-bearing Eth token and its respective governance token. It would consist of vETH2, SGT, DAI, and USDC. This will allow users of SharedStake and vETH2 to borrow against their interest earning ETH positions.

Abstract: Create a new Fuse Pool with vETH2(50% CF) SGT(50% CF) DAI(50% CF) USDC(50% CF) With a 30% liq. Incentive.

Motivation: I think this would be a great solution for ETH 2.0 stakers to have the ability to borrow against their longer-term positions and make full use of the DeFi ecosystem. It will also allow people to speculate on the usage of SharedStake’s governance token, borrow it and stake it in their pools.

Off-Chain Vote

Create SGT Fuse Pool
275.78K 100%
Do Nothing
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Timeline

Apr 21, 2021Proposal created
Apr 22, 2021Proposal vote started
Apr 24, 2021Proposal vote ended
Oct 26, 2023Proposal updated