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BCH $443.85 (0.97%)
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MakerDAO: Governance Polls To Include Real-World Assets

MakerDAO-Governance-Votes-to-Include-Real-World-Assets
  • MakerDAO announced governance polls to include real-world assets
  • The governance poll would be active for 3 days starting on Monday

MakerDAO announced governance polls to include real-world assets, parameter changes, and more. MakerDAO is an unbiased global financial system.

According to MakerDAO, the governance facilitators have added a governance Poll into the voting system on behalf of the Oracle Domain team. Also, MakerDAO said that the governance poll would be active for 3 days starting on Monday, June 7 at 16:00 UTC.

The MakerDAO team added,

This poll allows the MakerDAO governance community to signal their support or opposition to adding CF-DROP (ConsolFreight DROP Token) as a new vault type in the Maker Protocol with some collateral parameters.

Further, the team said that the collateral parameters include the DAI debt ceiling, stability fees, collateralization ratios, and more. Also, they said multiple proposals have been launched for a series of new vaults with crypto-based on real-world assets (RWA).

Moreover, the team stated that they proposed 4 new real-world assets as collateral for Dai minting. This includes ConsolFreight DROP Token (CF-DROP), Peoples Company Series 1 DROP Token (P1-DROP). Also, it consists of the Harbor Trade Credit DROP Token (HTC-DROP) and Fortunafi DROP Token (FFT1-DROP).

Of note, Maker (MKR) is the governance token of the MakerDAO and Maker Protocol. Today, it is trading at $3,289.83 with a 24-hour trading volume of $195,646,593, according to CoinMarketCap.

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Nathan Morgan can be found writing, developing and designing all sorts of content. Aside from his fascination with content creation, he is also passionate about blockchain and cryptocurrency developments.