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DecentralandDecentralandby0x5E23D08324f017d5425e59A2782C9ae27aCE09580x5E23…0958

LAND and WEARABLE mortages

Voting ended over 4 years agoSucceeded

by 0xc4bf065539c8f303ccfbc276aaba1270329cdab6 (Atilla#dab6)

With lower APY; We can make easily to accsess mortages. There are two modes;

First colletral mode: debtor will give colletral. when debtor gives colletral he can do whatever he wants with LAND/wearables. The colletral limit can change due to how many years you want to pay (because of the price increase of LAND/wearables.) . If he doesn't pay the mortage we will liquidate the colletral and we put the wallet to blacklist.

Second non-colletral mode: There is no colletral but you can`t transfer land/wearable or burn etc. If he doesn't pay we will liquidate the LAND/wearables and we put the wallet to blacklist.

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Timeline

Jan 25, 2022Proposal created
Jan 25, 2022Proposal vote started
Feb 01, 2022Proposal vote ended
Oct 26, 2023Proposal updated