BIP #15: Should B.Protocol deposit the LUSD from the Liquity fee pool back into the B.AMM?

Just for the record of governance processes, I’m adding here the Snapshot vote that was published by jnssn.eth, voted yes, and got executed already.

Discussion on B.Protocol Discord -

https://snapshot.org/#/bpro.eth/proposal/0x0eda1420e5707facf675b82e24f008055e783c9332b112d8679f77a83a928e2e


Should B.Protocol deposit the ~100k $LUSD from the Liquity fee pool (0x7095F0B91A1010c11820B4E263927835A4CF52c9) back into the B.AMM?

PROS:

  • Add more backstop capital
  • Increase protocol TVL
  • Earn LQTY (currently 6.8% APR)

CONS:

  • Slight reduction in backstopper yield due to smaller B.AMM share ($100k deposit on $18m pool = .53%)

The proposal was executed on September 20th, 2022