QIP080: Choose Minimum Collateral to Debt Ratio for yvBTC
BTC and its derivatives have already been approved as collateral for MAI. This proposal aims to see what min CDR the DAO wants for yvBTC.
yvBTC is a BTC strategy on Yearn Finance Fantom. It holds ~$10M in BTC (see here: https://beta.yearn.finance/#/vault/0xd817A100AB8A29fE3DBd925c2EB489D67F758DA9)
Quorum Standards
The option with the most votes will be adopted.
Options
- 130% min CDR
- 135% min CDR
- 140% min CDR
- 145% min CDR
Off-Chain Vote
130% min CDR
2.58M 32.7%
135% min CDR
4.06M 51.4%
140% min CDR
4.85K 0.1%
145% min CDR
1.25M 15.8%
Timeline
Mar 27, 2022Proposal created
Mar 27, 2022Proposal vote started
Mar 30, 2022Proposal vote ended
May 15, 2024Proposal updated