• © Goverland Inc. 2026
  • v1.0.5
  • Privacy Policy
  • Terms of Use
mStablemStableby0xE76Be9C1e10910d6Bc6b63D8031729747910c2f6dimsome.eth

PDP 21: Migrate DAI and WBTC to Aave v2

Voting ended almost 5 years agoSucceeded

Posted on behalf of the mStable ProtocolDAO

This forum post and MCCP 5 specified the proposal to migrate DAI and WBTC that are in mStable's SAVE to Aave v2.

DAI is currently deposited in Compound, while WBTC is not deposited in any lending protocol. This proposal seeks to increase the overall yield on interest bearing mAssets, due to higher yields on Aave v2 and in addition, making use of the liquidity mining to earn staked AAVE (a.k.a stkAAVE). The proceeds of this earned asset will go towards interest bearing mUSD (imUSD) and interest bearing mBTC (imBTC) asset holders.

Should we migrate DAI and WBTC to Aave v2?

Off-Chain Vote

Yes
276.7K 100%
No
0 0%
Download mobile app to vote

Timeline

May 03, 2021Proposal created
May 03, 2021Proposal vote started
May 07, 2021Proposal vote ended
Jun 26, 2024Proposal updated