📡 Protocol
Our Vote
For
Type of Vote
On-chain
Rationale
Using wUSDM as collateral allows users on Compound to secure a stable yield through arbitrage, even when borrowing rates are low. While the current circulating supply is limited, the Optimism Yield-bearing assets incentive program is expected to promote ecosystem growth, which would also bring grant funds to Compound.
Vote Date
November 20, 2024