The last market of Hifi Finance’s platform ended on march 25th. There should be new lending / borrowing / pooling markets available, to ensure continuity and active usage of public preview.
Hifi public preview is currently up and running. This is one of the last steps before launching on Ethereum mainnet later this year. According to the original blog post from Hifi here, the main goals for public preview are the following:
- Try out the protocol in an environment leveraging real funds
- Stress test the multi-collateral liquidation bots
- Gather community feedback
- Go through several full market lifecycles to educate users
- Begin the process of formally verifying the smart contracts
The last market ended on march 25th on the protocol. There are no markets available as of today. This prevents the goals above to be realised, when some of the features are not available.
Create a new market with a suggested 3 month maturity date, to ensure public preview provides minimal function of all its available features. The new market would provide the same assets as the previous market.
- USDC for Lending / Borrowing / Pooling
- Wrapped BTC & wrapped ETH as collaterals.
– Additional types of collateral should be suggested through a different proposal.
No specific requirements are required. However, the proposal is to be considered successful when a new market is available for lending, borrowing and pooling on Hifi public preview. The suggested maturity time can be discussed through this proposal, and might end up being different from what has been suggested in the solution above. The vote will help define the final market maturity date and make sure the new market is to be provided on the protocol for everyone to use.
The main objective of this proposal is to ensure proper continuity of all features of the Hifi lending protocol Public Preview. Market maturity date can be discussed through this proposal, with the suggested default being 3 month. The snapshot voting process shall start on April 12 and happen over six days (three days voting delay + 3 days voting period), delivering the final result on April 18. Once the vote is passed, the team will have two weeks to enable the new corresponding market on public preview.