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StabilizeStabilizeby0x1a776c84d64eCADA985C968c3589B3c8615A1e7C0x1a77…1e7C

Should Fulcrum.trade be incorporated into Stabilize?

Voting ended over 5 years agoSucceeded

Like Aave, Fulcrum.trade is a lending pool that rewards lenders with interest rates for lending out their stablecoins. Unlike Aave, Fulcrum offers much higher interest rates on their stablecoins. If incorporated into Stabilize, depositors can earn high stablecoin rates and STBZ rewards at the same time which would be attractive for newcomers.

Fulcrum has some disadvantages such as it has much lower liquidity than Aave and has been hacked as recently as September. The team states that depositors did not lose money / were reimbursed and that it is safer now.

Should Stabilize use Fulcrum for DAI and USDT interest earning pools (sUSD not available on Fulcrum), or stick with Aave for all interest earning pools?

Off-Chain Vote

Yes, use Fulcrum for those pools
0 0%
No, stick to Aave
0 0%
Use both Aave and Fulcrum for those pools
0 0%
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Timeline

Oct 14, 2020Proposal created
Oct 14, 2020Proposal vote started
Oct 15, 2020Proposal vote ended
Jan 23, 2024Proposal updated