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Proposal

Executed

SIP-37 Proposal to set protocol fees to 10%

Proposed by

User profile image

0x9c38...D944

0x9c38...D944

Proposal ID

481523...1562

Proposed

Feb 6th, 2023

Result details
Final Votes

Quorum

22.38M of 0

Majority support

Yes

For

22.38M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xd998...309d

setFees(..)

Custom

Account

0xd998...309d

Method

setFees(..)

Proposal

Action 1: Setting up fees

One time protocol fee for opening a borrow position in precision points (1e18):
entryFee = 0

Protocol revenue share in interest paid in precision points (1e18):
protocolShareFee = 10% (100000000000000000)

Protocol share in liquidation profit in precision points (1e18)
It's calculated from total collateral amount to be transferred to liquidator.
protocolLiquidationFee = 0

Final Votes

Quorum

22.38M of 0

Majority support

Yes

For

22.38M

Against

0

Abstain

0

Final Votes
Status

Mon Feb 6, 04:36 pm

Published onchain

User profile image

0x9c38...D944

Wed Feb 15, 06:46 pm

Voting period started

Sat Feb 18, 04:46 pm

Voting period ended

Thu Feb 9, 11:27 pm

Proposal queued

Mon Feb 13, 04:40 pm

Proposal executed