IIP-186: Leverage Suite on Arbitrum
IIP: 186 Title: Launch A Leverage Suite on Arbitrum Status: Proposed Author(s): @MrMadila Reviewer(s): @anthonyb.eth, @allan.g Created: 9th Apr 2024
Abstract
The Index Coop core team proposes that the DAO launch a suite of automated leverage tokens on Arbitrum main-net. These automated leverage tokens will be built on Index Protocol and utilise Aave V3 to achieve specific target leverage ratios.
The target ratios and collateral assets are as follows:
iETH1x (inverse 1x) iBTC1x (inverse 1x) ETH2x BTC2x ETH3x BTC3x
This proposal seeks $INDEX holder approval to launch these products.
Quorum: ~673k
Off-Chain Vote
For
698.78K INDEX100%
Against
0 INDEX0%
Abstain
0 INDEX0%
Discussion
Timeline
Apr 11, 2024Proposal created
Apr 11, 2024Proposal vote started
Apr 14, 2024Proposal vote ended
Apr 14, 2024Proposal updated