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0x4122…664E
CIP041 - Diversify Out of Qi/WMATIC pt 2
Voting ended about 3 years agoSucceeded
Mad Meerkat (MM) Finance has a MATIC/USDC LP with 70% APR on $65M of liquidity, which is pretty bonkers but I'm sure is being funded by copious amounts of their MMF token which won't last forever (their token is also in the "pump" phase of a new protocol launch, boosting the APR. The "dump" phase can also be expected). Either way, it's a smaller protocol and will fetch a higher APR than the same pair on, say, QuickSwap no matter what.
We would be looking to move $200K of Qi/WMATIC to this LP.
Off-Chain Vote
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- Author
0x4122…664E
- IPFS#bafkreih
- Voting Systembasic
- Start DateAug 19, 2022
- End DateAug 20, 2022
- Total Votes Cast95.75K vCLAM
- Total Voters15
Timeline
- Aug 19, 2022Proposal created
- Aug 19, 2022Proposal vote started
- Aug 20, 2022Proposal vote ended
- Oct 26, 2023Proposal updated