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SturdySturdyby0xFd1D36995d76c0F75bbe4637C84C06E4A68bBB3asturdyfi.eth

[SIP-023] Onboard StakeStone on Sturdy

Voting ended almost 2 years agoSucceeded

Summary

This proposal seeks to whitelist the StakeStone silos on the Sturdy UI.

About StakeStone & STONE stakestone.io is a liquidity layer infrastructure. By connecting the consensus layer and application layer in the multi-chain era, StakeStone is building an omnichain liquidity distribution network, which empowers the supplier and demander of the liquidity. STONE is the yield-bearing ETH issued by StakeStone. It is a rebalancing, OFT standard token.

Stakers: 106k Withdrawal: Enabled Current TVL: $622 M

Silos

StakeStone proposes to add the following to the Sturdy UI.

Silo

Network: Mode L2

Lending/borrowing asset: WETH

Collateral asset: STONE

LTV: 90%

Liquidation fee: 3%

Aggregator

Network: Mode L2

Lending asset: WETH

Initial whitelisted silos: STONE

Off-Chain Vote

Approve
135.64K STRDY100%
Reject
0 STRDY0%
Quorum:136%
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Timeline

Apr 25, 2024Proposal created
Apr 25, 2024Proposal vote started
Apr 28, 2024Proposal vote ended
May 07, 2024Proposal updated