Defining a process to add new collateral

I want to focus on this thread more, it’s important and the work has barely started. I feel it’s time to list relevant elements that will safely help Hifi onboard collateral, and I want to be involved in this important decision taking.

And as mainnet is coming soon, 2023 might be a year where more people will progressively start leveraging the lending protocol, and request new tokens as collateral. The safeguards must be in place to protect everyone.

This specific thread makes a parallel with Safely onboarding NFT collections as collateral. The latter could be an iteration of the former.

I will promptly create some form of document, shared or something, to list and evaluate steps that should be part of the process to onboard new collateral. This will create a work sheet, which could also help create work sessions for brainstorming and sharing ideas.

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