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mStable Protocol DAOmStable Protocol DAOby0xE76Be9C1e10910d6Bc6b63D8031729747910c2f6dimsome.eth

MIP 14: Add MAI(miMatic)/mUSD Feeder Pool on Polygon

Voting ended over 4 years agoSucceeded

MIP-14 proposes to add MAI(miMatic)/mUSD Feeder Pool on Polygon.

Mai Finance is a protocol that is focused on Polygon and offers a 'MakerDAO like' feature to borrow MAI against collateral. MAI can also be swapped for USDC, which is then deposited into the treasury to back the value of MAI itself.

A MAI/mUSD Feeder Pool on Polygon would offer a more capital efficient swap on Polygon compared to current swap protocols. Additionally, co-incentivization of the Feeder Pool would offer an attractive yield, and bootstrap more users to mStable on Polygon.

Should we move forward and create a proposal as PDP-27?

Off-Chain Vote

Yes
2 66.7%
No
1 33.3%
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Timeline

Jul 06, 2021Proposal created
Jul 06, 2021Proposal vote started
Jul 09, 2021Proposal vote ended
Jun 26, 2024Proposal updated