Abstract Increase the base TVL for eligible NFT collections from 32% to 35%.
Background Eligible NFTs can borrow up to 32% of their value with liquidation occurring at 33%. This proposal would increase the max LTV to 35%. Liquidation would occur at 36% LTV, or 43% if a user has a JPEG Card with cigarette attribute deposited.
Off-Chain Vote
Yes increase base TVL3.03B JPEG98.3%
No do not increase52.14M JPEG1.7%
Quorum: 148%
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- Author
0x51C2…5a1B
- IPFS#bafkreig
- Voting Systemsingle-choice
- Start DateSep 30, 2022
- End DateOct 03, 2022
- Total Votes Cast3.08B JPEG
- Total Voters37
Timeline
- Sep 29, 2022Proposal created
- Sep 30, 2022Proposal vote started
- Oct 03, 2022Proposal vote ended
- Oct 26, 2023Proposal updated