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Polly FinancePolly Financeby0x18d5D444467Fa53a78e72cB98375F57efDAfF0F10x18d5…F0F1

[PIP-1] Define new strategies to the underlying tokens of nDeFi

Voting ended over 4 years agoSucceeded

After the Cream protocol got exploited on Main Net, the galaxies retrieved all funds lended on Cream to generate yields.

Even if funds were not exploited on Cream vaults on Polygon, we think that it’s not a good idea to use Cream again as a strategy for nDeFi.

The following proposal is to assign new strategies to the underlying tokens of nDeFi among the two other strategies currently supported, aka. Aave and Kashi (Sushiswap).

ETH - AAVE LINK - KASHI SNX - NONE AAVE - AAVE COMP - NONE MKR - NONE UMA - NONE BAO - NONE MATIC - AAVE ALCX - NONE UNI - NONE SUSHI - KASHI CRV - NONE BAL - NONE YFI - NONE Convex - NONE Alpha - NONE

A lot of those tokens don’t have possible lending markets for them, but the goal is to optimize the strategies currently available while waiting for new opportunities in the future.

Off-Chain Vote

Approve the strategy
100.83M 100%
Deny the strategy
0 0%
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Timeline

Nov 30, 2021Proposal created
Nov 30, 2021Proposal vote started
Dec 08, 2021Proposal vote ended
Oct 26, 2023Proposal updated