I propose to add xINV to Anchor. xINV is an Anchor market that users can enter by depositing INV as underlying collateral.
Users who deposit into xINV will receive 4 main benefits:
- Ability to borrow any assets on Anchor using INV as collateral
- Compounded INV treasury rewards every block
- Potential protocol fee sharing
- Ability to vote or delegate using GovernorCharlie (pending governance contract upgrade)
Below are the proposed deployment parameters. Please note that each of these parameters can be changed by a governance vote in the future.
- Collateral factor: 50%
- Withdrawal escrow duration: 14 days
- Reward rate: 1500 INV per month
- Oracle feed: Sushiswap TWAP oracle