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mStablemStableby0x19F12C947D25Ff8a3b748829D8001cA09a28D46d0x19F1…D46d

PDP12: Which bAssets should be included in the mBTC basket?

Voting ended about 5 years agoSucceeded

Posted by a representative of the mStable protocolDAO

Only to be voted on if you have votes YES to PDP11

The protocolDAO is proposing the creation of a new mAsset, mBTC, which unites various Bitcoin-backed ERC-20 tokens. Mints, redeems and swaps with bAssets are not 1:1, and instead determined by a new AMM-based design (ICSMM) described in detail in MIP-6.

When mBTC goes live, it will initially have 4 underlying BTC bAssets. What should they be?

Please note that snapshot only enables voting on one choice. Vote for the bAsset of your choice. The four bAssets with the highest percentages will be included.

Further discussion is encouraged during the voting period as votes can be changed at any time prior to the vote closing, and voting is free (gasless).

Off-Chain Vote

renBTC
106K 12.6%
wBTC
492.94K 58.8%
sBTC
218.84K 26.1%
bBTC
18.14K 2.2%
tBTC
2.11K 0.3%
pBTC
0 0%
hBTC
0 0%
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Timeline

Jan 26, 2021Proposal created
Jan 26, 2021Proposal vote started
Jan 31, 2021Proposal vote ended
Oct 26, 2023Proposal updated