QIP077: Seed Angle lending market with MAI from the DAO

Voting ended almost 4 years agoSucceeded

Angle is a overcollateralized Euro stablecoin. At the time of writing, it holds over $200M in locked value (only on Ethereum). There's around $6M in liquidity for agEURO on QuickSwap.

Motivation

Increase protocol TVL
Increase revenue
Introduce MAI to new audiences

Quorum Standards

The option with the most votes will be adopted.

Options

Seed market
Further discussions needed

Off-Chain Vote

Seed market

5.72M 99.9%

Further discussions needed

3.96K 0.1%

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Timeline

Mar 10, 2022Proposal created

Mar 10, 2022Proposal vote started

Mar 13, 2022Proposal vote ended

May 15, 2024Proposal updated