[Curve] Ownership DAO Vote ID: 1436
AI summary
This proposal seeks to activate three new lending markets on Llamalend v2, a lending platform on the Optimism network. Specifically, it will enable borrowing for wstETH/WETH, WBTC/USDC, and wstETH/USDC pairs. Each market will have a defined borrow cap, limiting the total amount that can be borrowed, and an admin fee of 1% will be applied to all three markets, up from the current 0%.
If passed, users will gain new borrowing opportunities on Optimism through Llamalend v2. The DAO will benefit from the 1% admin fee generated from these markets, which will contribute to its treasury. Borrowers will face a new 1% fee on their loans.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Quorum: 10% veCLEV
[Optimism] Activate 3 Llamalend v2 markets via the Configurator (0xd36c590531cAF5F620C57Faf5827Ce8E7f6E5Bec): by setting borrow caps and admin fee percentage on each controller. wstETH/WETH (0x745422BF49f3F6e4A8E12E4abD19339E7910F8C9): borrow cap of 824 WETH; WBTC/USDC (0x9fC15ac3EF97093832f49B7997A58E29b49C56dE): borrow cap of 4,380,000 USDC; wstETH/USDC (0xb5EC7A3D591877A66BE4f3eafdC4205E98A1BCAA): borrow cap of 2,660,000 USDC; admin fee from 0% -> 1% on all three. Rationale: https://gov.curve.finance/t/activating-the-first-llamalend-v2-markets-on-optimism-borrow-caps-…