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mStablemStableby0xD43a25B442E2C343dAd472A871c5262cCA275Eb4dereksilva.eth

If the Liquidator is deployed, how much USD worth of value should be liquidated and contributed to the SAVE APY each week?

Voting ended over 5 years agoSucceeded

Please only vote on this proposal if you voted YES to deploy the Liquidator to bolster the SAVE APY.

This poll follows on from the previous proposal, and is seeking feedback from the community about the USD amount that should be contributed weekly to bolster the SAVE APY.

Details

Currently there are 623.34 COMP (worth ~$65,500 USD) tokens able to be liquidated. mStable currently offers SAVE depositors a highly competitive APY through an easy-to-use product. mStable feels the COMP, AAVE/LEND tokens and other tokens earned by lending assets on these platforms ought to flow back to SAVE depositors.

It is proposed that the COMP be liquidated and distributed to depositors on a weekly cadence.

If you voted in favour of deploying the Liquidator, what US Dollar value worth of tokens should be liquidated each week?

This poll has four choices. Whichever option gets the highest absolute vote percentage will be executed, even if its value is under 50% (i.e. a non-majority).

Off-Chain Vote

Liquidate 2,500 USD worth of tokens per week
49.56K 11.2%
Liquidate 5,000 USD worth of tokens per week
345.98K 78.2%
Liquidate 10,000 USD worth of tokens per week
47.17K 10.7%
Liquidate some other USD value of tokens per week
0 0%
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Timeline

Oct 23, 2020Proposal created
Oct 23, 2020Proposal vote started
Oct 29, 2020Proposal vote ended
Apr 28, 2024Proposal updated