QIP092: Add BNB as Collateral for MAI.

BNB is the gas token for BNB Chain. At the time of writing, BNB has a market cap of around $70Bn.

Adding BNB would also approve its derivatives.

Motivation

• Increase TVL
• Increase revenue
• Attract new users

Quorum Standards

The option with the most votes will be adopted.

A weighted average will be used to decide on the minimum CDR if the following conditions are met:

• The options to add BNB collectively outweigh the option to not add BNB.
• The option to not add BNB receives more votes than any option to add BNB.

Options

• Add BNB at 130% min CDR
• Add BNB at 135% min CDR
• Add BNB at 140% min CDR
• Further discussions needed

*min CDR = minimum collateral to debt ratio