GIP-52: Should "Tugende Response Plan" proposal be approved?

In order to address losses incurred by the Tugende loan default, we propose that the community allocate $1M USDC from the protocol’s treasury to directly cover losses. The resulting floor (ie. worst case) for the recovery will thus be 20% of Tugende’s borrowed amount.

YES - Allocate $1M to cover losses

NO - Do nothing.