QIP103: Add xBOO as Collateral for MAI

xBOO is the staked version of BOO, SpookySwap's governance token. Adding xBOO would allow users to earn SpookySwap fees while borrowing against BOO's value.

At the time of writing, there was $21M locked in xBOO.

Motivation

• grow relationship with SpookySwap
• increase protocol revenue
• increase TVL

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

Options

• Add xBOO at 145% min CDR
• Add xBOO at 150% min CDR
• Add xBOO at 155% min CDR
• Further discussions needed