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PlanetPlanetby0xFd525F21C17f2469B730a118E0568B4b459d61B90xFd52…61B9

Remove the ability to Borrow AQUA & GAMMA on Green Planet

Voting ended about 4 years agoSucceeded

Primary Idea:

  • Stop the borrow side markets for AQUA & GAMMA on Green Planet, until they can be used as collateral or later.

Current Problem:

  • Many people in the community have made great arguments as to why this isn't ideal at this stage as it allows someone to short the price of AQUA & GAMMA.

What would happen:

  • New markets would be deployed for AQUA & GAMMA with the borrow side disabled. (So you can deposit only)
  • Instead of rewards being split 50/50 between suppliers and borrowers, ALL of the GAMMA rewards would go to suppliers now.
  • AQUA - 4,500 GAMMA per day would go to depositors instead of 2,250
  • GAMMA - 9,000 GAMMA per day would go to depositors instead of 4,500

Off-Chain Vote

Yes - Remove ability to borrow
691.34 83.4%
No - Keep the ability to borrow
137.57 16.6%
Download mobile app to vote

Timeline

Dec 01, 2021Proposal created
Dec 01, 2021Proposal vote started
Dec 14, 2021Proposal vote ended
Oct 26, 2023Proposal updated