We face the situation where people tend to be more optimistic about the market and are willing to pay more fees to have a lower liquidation ration. We see this with the ETH-B vault type that got proposed in July, implemented in October, reduced its DC by 50% in November because of inactivity and shortly after got IAM with a
line of 50 MM and since then provides a good portion of the DAI-minted-from-ETH.
This Signal Request is about to find out the feelings of the community to start something similar with WBTC: a new Vault-type WBTC-B that allows for higher leverage with a lower LR a higher SF.
- more DAI in circulation
- more fees collected
- a lower LR creates a bigger exposure WBTC volatility
Should we add WBTC-B as a vault option?
- No (please explain in the comments)
How high should be the Stability Fee?
- Let the Risk Team decide
- 10 %
- 8 %
- 6 %
How high should be the initial
line set? (Aka IAM-DC)
- Let the Risk Team Decide
- 30 MM
- 20 MM
- 10 MM
- 5 MM
Poll will run until January 7th and depending on the result will move on-chain assuming the outcome of the poll deems it necessary.