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Qi Dao | Mai.FinanceQi Dao | Mai.Financeby0xAd95A5fE898679B927C266eB2eDfAbC7fe268C27qidao.lens

QIP106: Add xxLINK as collateral for MAI

Voting ended over 3 years agoSucceeded

xxLINK (Tetu autocompounding LINK) is a LINK strategy on Tetu.io. It earns yield through Tetu’s Splitter vault strategy by leveraging Aave. Additional strategies can be added by Tetu to diversify yields.

Motivation

  • Grow relationship with Tetu
  • 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 xxLINK collectively outweigh the option to not add xxLINK
  • The option to not add xxLINK receives more votes than any option to add xxLINK

Options

  • Add xxLINK at 120% min CDR
  • Add xxLINK at 130% min CDR
  • Add xxLINK at 140% min CDR
  • Add xxLINK at 150% min CDR
  • Add xxLINK at 160% min CDR
  • Further discussions needed

Off-Chain Vote

Add xxLINK at 120% min CDR
10.08M QI28.5%
Add xxLINK at 130% min CDR
33.57K QI0.1%
Add xxLINK at 140% min CDR
310.27K QI0.9%
Add xxLINK at 150% min CDR
24.92M QI70.5%
Add xxLINK at 160% min CDR
580.91 QI0%
Further discussions needed
10.71K QI0%
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Timeline

May 26, 2022Proposal created
May 26, 2022Proposal vote started
May 30, 2022Proposal vote ended
May 15, 2024Proposal updated