RIP-27: Create a renDOGE pool on Fuse

Summary:

Create a renDOGE / DAI / ETH pool on Fuse

Background:

renDOGE is a 1:1 representation of Dogecoin, backed inside RenVM. For details on RenVM, check this previous proposal: https://forums.rari.capital/d/45-ren-cross-chain-asset-focused-pool-renbtcrenbchrenfilethusdcdai

renDOGE is only available on Uniswap currently, making it a prime listing target on Fuse, giving speculators the ability to borrow, lend, short and long Dogecoin permissionlessly for the first time within the DeFi ecosystem.

Contracts and liquidity pool for renDOGE:

renDOGE contract: https://etherscan.io/token/0x3832d2F059E55934220881F831bE501D180671A7 renDOGE - ETH pair on Uniswap: https://info.uniswap.org/pair/0xc84778a8737b81a8c48dbf7b9bc84ae97bf33fa4

Initial pool parameters:

Upgradeable: Yes Close Factor: 50% Liquidation Incentive: 20% renDOGE Collateral Factor / Reserve Factor: 60% / 25% ETH Collateral Factor / Reserve Factor: 60% / 20% DAI Collateral Factor / Reserve Factor: 60% / 15%

Motivation:

Dogecoin is not currently available as an asset to lend or borrow and long or short within the DeFi ecosystem, given the recent launch of renDOGE, which make a Fuse place the first major integration for Dogecoin in DeFi, and for the first time allowing speculators to do what they do best with Dogecoin completely permissionlessly.

Risks:

Dogecoin leans more on the volatile side than not, and given that this pool would need to use a TWAP instead of a Chainlink price feed, the Collateral Factors and Liquidation Incentive have been set conservatively.

Link to forum post for this proposal: https://forums.rari.capital/d/66-rendogedai-pool