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0x51C2…5a1B
PIP-07: Remove Deposit Fees For BAYC and MAYC Vaults
Voting ended about 3 years agoSucceeded
Abstract Removing the 0.5% deposit fee for each loan generated may increase adoption to the BAYC and MAYC Vaults
Background BAYC and MAYC are eligible to draw debt (PUSd) from lending vaults on the JPEG'd protocol. Each loan drawn incurs a 0.5% deposit fee deducted from the PUSd given to each borrower. To incentivize further demand of these vaults the protocol can remove these fees.
Proposal Remove the 0.5% deposit fee for the BAYC and MAYC vaults.
Off-Chain Vote
Remove deposit fees2.31B JPEG97.8%
Do not remove deposit fees52.69M JPEG2.2%
Quorum: 113%
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- Author
0x51C2…5a1B
- IPFS#bafkreih
- Voting Systemsingle-choice
- Start DateAug 15, 2022
- End DateAug 18, 2022
- Total Votes Cast2.36B JPEG
- Total Voters41
Timeline
- Aug 15, 2022Proposal created
- Aug 15, 2022Proposal vote started
- Aug 18, 2022Proposal vote ended
- Oct 26, 2023Proposal updated