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Ruler ProtocolRuler Protocolby0x8E04968FB8159783F93CdfB3bB97AA9b90e2c72C0x8E04…c72C

Introduce two-month lending pairs

Voting ended over 4 years agoSucceeded

Currently, all loans on RULER Protocol expire after on the last day of every calendar month. Borrowers must repay the loan before expiry and if they wish to borrow money again, they borrow from the following month's pool.

Many of those borrowing money wish to do so for longer than a month. We should find ways to make RULER work for more people, and introducing two-month lending pairs is a great way to start doing that.

Approve: Introduce two-month lending pairs for WBTC-DAI and WETH-DAI on 1 June 2021. Other pairs (xRULER-DAI, INV-DAI, vETH2-DAI, etc.) can be introduced as well.

Disapprove: No changes (all pairs expire at the end of each calendar month).

Off-Chain Vote

Approve
5.1K 100%
Disapprove
0.02 0%
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Timeline

May 17, 2021Proposal created
May 17, 2021Proposal vote started
May 19, 2021Proposal vote ended
Oct 26, 2023Proposal updated