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SingularityDAOSingularityDAOby0x56eb1ab46f0d45fDCCE51a6AF3307dCe347f360F0x56eb…360F

SIR #01: Allow DynaSets to hold additional stablecoins.

Voting ended almost 3 years agoSucceeded

Add the ability for Dynasets to hold USDT, USDC, DAI, BUSD, TUSD, USDP, FRAX, EURT. The acceptance of this proposal would allow the relevant DynaSets (dynBTC, dynETH, dynETHc, dynL1BNB) to diversify stablecoin holdings in order to mitigate stablecoin-related risks such as de-peg or lack of liquidity. The proposal would also allow DynaSets to be ready in general for any token de-pegs including wrapped assets. This will provide access to a more diversified portfolio of stablecoins, which will help to reduce the impact of any one stablecoin de-pegging.

Off-Chain Vote

Yes
4.9M SDAO99.4%
No
0 SDAO0%
Abstain
28.15K SDAO0.6%
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Discussion

SingularityDAO SIR #01: Allow DynaSets to hold additional stablecoins.

Timeline

Mar 27, 2023Proposal created
Mar 27, 2023Proposal vote started
Mar 31, 2023Proposal vote ended
Oct 26, 2023Proposal updated