SIP-304: Liquidations (V3)

Voting ended about 3 years agoSucceeded

SIP-304 proposes a mechanism for liquidations in Version 3 of the Synthetix protocol. Liquidated positions have their collateral and debt distributed among other participants in their vault. If an entire vault is liquidated, all (or part) of its collateral is seized by the system and sold to repay debt. Are you in favor of this decision?

Off-Chain Vote

sYES

8 SNX-SCT100%

iNO

0 SNX-SCT0%

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Timeline

Jan 31, 2023Proposal created

Jan 31, 2023Proposal vote started

Feb 10, 2023Proposal vote ended

Dec 20, 2024Proposal updated