Pass Integrate Liquity Protocol
AI summary
This proposal seeks to integrate the Liquity Protocol into Instadapp's DeFi Smart Accounts (DSAs). If passed, Instadapp users will be able to interact with Liquity directly through their DSAs. Additionally, balances held within Liquity will become eligible for Instadapp's ongoing liquidity mining rewards program.
If this proposal passes, Instadapp users will gain access to a new DeFi protocol, potentially increasing the utility of their DSAs and offering new yield opportunities. The Instadapp treasury will likely see increased outflow due to the expansion of liquidity mining rewards, benefiting users who participate in Liquity through Instadapp.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
4 votes > 5% VPFull proposal
Summary
This snapshot will vote to pass the proposal ‘Integrate Liquity Protocol,’ this snapshot requires quorum to be considered valid. (see on-chain voting parameters)
Description:
Adds the ‘Liquity Connector’ to the master DSA Connector contracts, enabling DeFi Smart Accounts to interact with the Liquity protocol. This will also make Liquity balances eligible for the on-going Liquidity Mining Rewards. Please see this snapshot for increasing the allocation of Mining Rewards.
For more information please read the proposal here: https://gov.instadapp.io/t/proposal-to-integrat…