DeFi Protocol Governance Report | February 2022 | Week 1
Proposal: Add Market: FEI
Created: January 28th, 2022
- 767,607 For
- 0 Against
What does it do: Adds a market for FEI USD with the following parameters
- Interest rate model: same as cDAI, cUSDT, and cTUSD (stablecoin standard)
- Collateral factor: 0% (standard to start)
- Reserve factor: 25% (standard)
- Borrow limit: none
- COMP rewards: none (for now, pending a broader discussion)
- Price source: Chainlink reporter anchored to Uniswap V2 FEI/ETH
Why: Adding another stablecoin to Compound’s lending markets continues to give users more choices.
Takeaway: Compound adds FEI to their markets.
Snapshot Proposal: Transfer Discord Ownership to Tangle [Implementation]
Created: Feb 2, 2022
Passed: Not yet, but looking like it will
- 3.7 million SUSHIPOWAH For
- 0 Against
What does it do: Transfers control of SushiSwap discord from Joeseph Delong to Tangle
Why: Joseph is no longer a part of the SuhsiSwap executive team, and thus should not control the Discord.
Takeaway: Discord control will likely be given to Tangle.
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