MCCP 13: Increase cache for BUSD and GUSD Feeder Pools
The recent proposal to remove mUSD deposited in the Feeder Pools from the Iron Bank was passed with MIP 23. The contracts to replace the integration are almost ready. However, the migration of both pools is not possible at the same time, because some mUSD is still lent out. Therefore it is proposed to increase the max cached amount to 20% (maximum) to reduce the interaction with the Iron Bank upon depositing into the mUSD/BUSD Feeder Pool and optionally for the mUSD/GUSD Feeder Pool.
Links
- RFC: Increase cache for the mUSD/BUSD Feeder Pool
- Proposal: MCCP 13
- Discussion: MCCP 13: Increase cache for BUSD and GUSD Feeder Pools
Should we increase the cache for BUSD and GUSD Feeder Pools to reduce Iron Bank interactions?
Off-Chain Vote
For
2.16M 100%
Against
0 0%
Timeline
Jan 10, 2022Proposal created
Jan 10, 2022Proposal vote started
Jan 14, 2022Proposal vote ended
Jun 26, 2024Proposal updated