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Rari Capital DAORari Capital DAOby0xa5c3A513645A9a00cB561fED40438E9DFE0D6a69leighton.lens

Whitelist PoolTogether Core for Fuse Pool Creation

Voting ended over 4 years agoSucceeded

Summary: Whitelist PoolTogether Inc team as Fuse pool creators, this will enable the creation of Fuse pools that use PoolTogether deposits as collateral.

Background: PoolTogether currently holds ~$220 million of assets, the majority of these are in stable coins (USDC & Dai). When people deposit into PoolTogether they receive back a token that represents a claim on their deposited capital. As of today there are no protocols that support this token as collateral. Supporting this token as collateral on Fuse should drive a large amount of deposits and borrowing against the collateral.

Motivation: The core value proposition of Fuse is creation of lending markets for long tail assets. PoolTogether deposit tokens represent an ideal target because they are both very popular and widely held but not yet supported by any lending protocol.

Whitelisting PoolTogether deposit tokens will increase protocol utilization and also showcase what is possible with Fuse

https://forums.rari.capital/d/79-whitelist-pooltogether-as-fuse-pool-creator

Off-Chain Vote

Accept
248.47K 100%
Reject
0 0%
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Timeline

May 24, 2021Proposal created
May 24, 2021Proposal vote started
May 26, 2021Proposal vote ended
Oct 26, 2023Proposal updated