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Gearbox · closed proposal
[GIP-32] Extend the engagement with Risk DAO
Voters
482
GEAR voted
230.50M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
230.50M / 200.00M GEAR(115%)
✓ Quorum met
Yes, Approve229.72M (99.7%)
No, Reject778.00K (0.3%)
230.50M GEAR · 482 votersblock 16079153
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
Summary
GIP-15 mandated a 3-month engagement with RiskDAO. This engagement period ends at the end of November 2022, and this proposal suggests extending the engagement by an additional 9 more months, with the same engagement price.
Motivation
Setting the right risk-related parameters, most notably loan-to-value (LTV, aka collateral factor), is crucial for lending markets’ solvency and adoption. Aggressive parameters would encourage borrowers’ adoption at the expense of hig…
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