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The Standard DAOThe Standard DAOby0xa3F221847A613586CAB236bFFC09774D6dd964830xa3F2…6483

SUSHI Token as Collateral

Voting ended almost 2 years agoFailed

Summary: This proposal recommends adding SUSHI tokens as a collateral option for our smart vault. This integration leverages the established DeFi presence of SushiSwap and potentially benefits both communities.

Benefits:

  1. Enhanced Borrowing Options: SUSHI's widespread adoption unlocks additional borrowing options for users, offering greater flexibility within the platform.
  2. Increased Liquidity: By accepting SUSHI as collateral, we can tap into the deep liquidity of SushiSwap, potentially improving deposit and withdrawal efficiency.
  3. Synergy and Growth: This integration fosters collaboration between our DeFi ecosystems, potentially leading to increased user acquisition and growth for both platforms.

Voting Options:

For: Approve adding SUSHI tokens as a collateral option. Against: Do not approve adding SUSHI tokens as a collateral option. Abstain: I don't have a strong opinion on this proposal.

Off-Chain Vote

For
1.3M TST100%
Against
0 TST0%
Abstain
0 TST0%
Quorum:13%
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Discussion

The Standard DAOSUSHI Token as Collateral

Timeline

Apr 04, 2024Proposal created
Apr 04, 2024Proposal vote started
Apr 11, 2024Proposal vote ended
Apr 11, 2024Proposal updated