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Notional FinanceNotional Financeby0xCece1920D4dBb96BAf88705ce0A6Eb3203ed2eB10xCece…2eB1

[NIP-23] - List GMX on Notional V3 (Arbitrum)

Voting ended over 2 years agoSucceeded

Summary

This vote is to determine if the Notional protocol should list GMX as a collateral asset on Notional’s Arbitrum deployment.

Proposed Listing Parameters

Parameter Proposed parameter
Token address (Arb) 0xfc5A1A6EB076a2C7aD06eD22C90d7E710E35ad0a
Exchange rate haircut 64 (64%)
Exchange rate buffer 156 (156%)
Liquidation discount 108 (8%)
Supply cap 14,000 GMX

Link to proposed Prime GMX Interest Rate Curve Link to detailled listing parameters

Resources

  • Notional V3 docs
  • V3 Asset onboarding framework
  • V3 Risk docs
  • V3 Technical docs
  • V3 Dune dashboard

Off-Chain Vote

Yes
735.53K NOTE96.5%
No
26.93K NOTE3.5%
Abstain
0 NOTE0%
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Timeline

Oct 20, 2023Proposal created
Oct 20, 2023Proposal vote started
Oct 25, 2023Proposal vote ended
Oct 26, 2023Proposal updated