SIP #12 - Protective Measures Against Stablecoin Depeg
In the event of a stablecoin depeg, the Stargate protocol should prevent cross-token transfers with the depegged stablecoin. All other token transfers not involving the depegged stablecoin would still be active.
Further details found in the linked Commonwealth proposal.
Off-Chain Vote
Yes - Protect if depeg
9.74M veSTG99.9%
No - This is fine
4.65K veSTG0%
Abstain - IDK
1.55K veSTG0%
Timeline
Jul 01, 2022Proposal created
Jul 01, 2022Proposal vote started
Jul 04, 2022Proposal vote ended
Oct 26, 2023Proposal updated