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MakerDAO has started voting for the launch of Société Générale and Huntingdon Valley Bank’s Real Asset Vault



Time:7/31/2022 2:50:04 AM

[MakerDAO has launched a vote on the launch of Societe Generale and Huntingdon Valley Bank's real asset vault] On July 31st, the MakerDAO community has launched a vote on the launch of Societe Generale and Huntingdon Valley Bank's real asset vault. Among them, Societe Generale’s Vault RWA-008 Societe Generale–Forge (OFH) will lend 30 million DAI, the Stability Fee is 0.05%, and the liquidation ratio is 100%; Huntingdon Valley Bank Vault RWA-009 Huntingdon Valley Bank (HVBank) 100 million DAI will be lent, the Stability Fee is 0%, and the liquidation ratio is 100%. If the proposal is passed, Huntingdon Valley Bank will immediately lend 25 million DAI.

Other news:

MakerDAO initiated a proposal to add NewSilverSeries2DROP as Maker collateral: The MakerDAO governance facilitator and smart contract team initiated a new executive vote, suggesting that NewSilverSeries2DROP be added as Maker protocol collateral. If the proposal is not passed within 30 days, the Expired. In addition, the execution proposal also includes an office hours compiler, that is, it can only be executed between 14:00 and 21:00 UTC, Monday to Friday, and other parameters include a debt ceiling of 5 million DAI and a stable rate of 3.5%. Investing in NewSilverSeries2DROP tokens means financing real estate in 39 US states. [2021/4/13 20:14:18]

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