QIP190: Add Balancer LP tokens as collateral for MAI

Voting ended almost 3 years agoSucceeded

Summary

QiDao currently accepts Curve LPs as collateral. With Balancer creating BPT oracles, it is now possible to also add Balancer LPs.

This proposal seeks to add the following assets as collateral. The risk parameters will be the same as they are for their Curve counterparts.

stETH-ETH
stMatic-Matic
MaticX-Matic

Beefy LDO incentives

Lido currently offers boosts on Beefy vaults that autocompound rewards for the LPs mentioned above. QiDao vaults for these collaterals, if approved, will allow for users to benefit from these Beefy vault boosts.

Partnership details

Lido will offer borrow incentives in $LDO for vaults on Polygon, Arbitrum, and Optimism.

Quorum Standards

The option with the most votes will be adopted.

Options

Approve proposal
Further discussions needed
Abstain

Off-Chain Vote

Approve proposal

7.92M QI99.4%

Further discussions needed

11.45K QI0.1%

Abstain

36.23K QI0.5%

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Timeline

Mar 30, 2023Proposal created

Mar 30, 2023Proposal vote started

Apr 02, 2023Proposal vote ended

May 15, 2024Proposal updated