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[May 2024] Lending Rates Update - Cryptopunks pETH vaults A

Voting ended almost 2 years agoSucceeded

Abstract

Following PIP-88, JPEG’d lending rates are to be voted on a monthly basis. This vote concerns only the Cryptopunks pETH vaults A.

Background

Following PIP-88, JPEG’d lending rates are to be voted on a monthly basis and applied starting on the first of the following month.

Cryptopunks vaults A have been lagging and this vote proposes to increase them separately to the other vaults.

The current rate of Cryptopunk pETH vault A is 6%, while other pETH vaults A are at 7%.

The community is asked to vote on the rate hike for Cryptopunk pETH vault A.

A similar vote will be posted at the same time for voting on the PUSd lending rates for Cryptopunks vault A as well as the pETH and PUSd rates for all the other vaults.

Specification

  • When the voting concludes, change the rates of Cryptopunks pETH Vault A by the increase value with the most votes.

Off-Chain Vote

option 1: +2%
165.73M JPEG7.7%
option 2: +1%
830.34M JPEG38.8%
option 3: +0%
1.14B JPEG53.4%
option 4: -1%
0 JPEG0%
option 5: -2%
0 JPEG0%
Quorum:103%
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Timeline

May 29, 2024Proposal created
May 30, 2024Proposal vote started
Jun 02, 2024Proposal vote ended
Jun 02, 2024Proposal updated