Add SWP as a collateral for Kava Mint
passed
Expected result
—
Turnout / Quorum
39.87% / 20.00%
Voting start 2021.10.28 at 18:10:33
Voting end 2021.11.04 at 17:11:33
99.91%
40 477 756 kava
Yes
0.05%
19 146 kava
No
0%
0 kava
Veto
0.04%
15 656 kava
Abstain
Details
Proposer
-
Total deposit
1 000 kava
Submit time
2021.10.28 at 18:10:33
Deposit end time
2021.11.11 at 17:11:33
Description
The purpose of this proposal is to add SWP token as a collateral type to Kava Mint. This provides additional use case and source of value for the SWP token as SWP token holders will now be able to mint USDX and participate in more investing / trading strategies. Parameter changes include: Borrow APY: 5%. Liquidation Ratio: 150%. Liquidation Penalty: 7.5%. Pricefeed: 30min. Debt Limit: 10M. USDX Max Auction Size: 50,000 SWP
Votes
Voter
Answer