RFC - Abracadabra Community-Focused Liquidation Mechanism

[nichtme]

Bprotocol is focussing on such issues/topics.

Further infos in the thread from last month

Proposal to use Liquity’s Stability Pool staked in BProtocol as collateral for MIM

TL; DR: Use the Stability Pool from Liquity that is staked in BProtocol as collateral to mint MIM in Abracadabra.money. This could be done safely for a Collateral Ratio of at least 60-90% (i.e. MIM / Collateral). Expected Benefits For Users: Gain additional yield on their StableCoin by leveraging the Stability Pool Deposit for MIM and investing MIM For Abracadabra.money: add a new collateral for MIM to expand TVL in the system, earn interest For Liquity/BProtocol: attract more TVL and keep it…

Also there was a snapshotvote in October here on it

https://snapshot.org/#/abracadabrabymerlinthemagician.eth/proposal/QmVtBKUF3MqNA4bhcQn1XrsPrbRtcRbDBXMNebLV5tq3dM