FIP-76: Whitelist LUSD as collateral in FeiRari

Status: Last call
Authors: @Eswak

Summary
Add LUSD to Rari Capital Fuse Pool 8 (FeiRari) with parameters similar to DAI.

Motivation
With DAI, LUSD is one of the 3 stables (FEI, DAI, LUSD) we allow the protocol to hold today.
We own ~100M LUSD. Therefore, the DAO should be comfortable with the LUSD risk profile.

Specification
Whitelisting new collateral on the FeiRari through OA.

Voting
The proposal will use simple choice voting. Voting options :

  • Yes, add LUSD to FeiRari
  • No, more discussions needed
5 Likes

I think this makes sense, we should also consider supplying 5M LUSD and DAI each to provide more liquidity to the pool without increasing circulating FEI

Moving to last call, including a DAO deposit of 5M DAI and 5M LUSD.

Voting will simple choice voting:

  • Yes, add LUSD to FeiRari and seed 5M DAI/5M LUSD
  • No, more discussions needed
1 Like

Created snapshot vote : Snapshot

1 Like