š¢ LIP #004 - Inclusion of FDUSD as a Collateral Option for Borrowing lisUSD (COLLATERAL-EXPANSION)
LIP #004 seeks to integrate FDUSD as a new collateral option for borrowing lisUSD on ListaDAO. This aims to provide users with a stable and widely-used asset, enhancing capital efficiency and potentially increasing the user base of Lista Protocol. šāØ
Vote now: https://t.co/dxj5EwXkjI
Voting Period: [Aug 23rd ļ½ Aug 26th 8:00 AM, UTC +0].
This proposal includes updating our platform to recognize FDUSD as eligible collateral and setting risk parameters as follows:
š¹Minimum Collateral Ratio (MCR): 110%
š¹Loan Limit: 5M lisUSD
š¹Loan Interest Rate: 7%
š¹Minimum Deposit Amount: 100 FDUSD
By adding FDUSD as collateral:
š¹ Users gain access to leverage using a stablecoin with a significant market cap.
š¹ It increases capital efficiency by enabling more options for users to mint lisUSD.
š¹ It enhances liquidity and platform activity, strengthening Lista DAO's market presence.
Voting Options:
Yes: Approve the inclusion of FDUSD as classic collateral.
No: Maintain the current list of collaterals.
Thank you for your participation and support in shaping the future of Lista DAO! š
