QIP071: Add G-UNI as Collateral for MAI
We've received the following proposal from Gelato to add G-UNI as collateral for MAI.
What is G-UNI?
G-UNI pool tokens are fungible, fee compounding ERC20 wrappers which represent Uniswap v3 LP positions. They enable Uniswap Liquidity Providers to use their deposited liquidity positions as collateral in lending. This allows for leveraring LP positions, increasing liquidity in pools.
This vote is to whitelist G-UNI in general. Individual LPs will be added based on what underlying assets are already accepted.
Security: G-UNI has been audited multiple times and is also used as collateral in MakerDAO and Aave on Ethereum.
Quorum Standards
The option with the most votes will be added.
Options
- Add G-UNI at 130% min CDR
- Add G-UNI at 135% min CDR
- Add G-UNI at 140% min CDR
- Further discussions needed
min CDR = minimum collateral to debt ratio
Off-Chain Vote
Add G-UNI at 130% min CDR
7.81M 96.1%
Add G-UNI at 135% min CDR
183.44K 2.3%
Add G-UNI at 140% min CDR
47.31K 0.6%
Further discussions needed
84.33K 1%
Timeline
Feb 28, 2022Proposal created
Feb 28, 2022Proposal vote started
Mar 04, 2022Proposal vote ended
May 15, 2024Proposal updated