SparkLend Ethereum - Onboard PT-sUSDe-26Dec2024 and PT-sUSDe-27Mar2025 to Morpho Spark DAI Vault - October 7, 2024
The Governance Facilitators have placed a Governance Poll into the voting system on behalf of the Ecosystem team. This Governance Poll will be active for three days beginning on Monday, October 7 at 16:00 UTC.
This is a binary vote.
- You may vote for a single option.
- You should vote for the option which you prefer.
- If you would accept either option, you should vote 'Abstain'.
Review
The community can vote in this poll to express support or opposition to onboarding the two additional Pendle sUSDe PT maturities PT-sUSDe-26Dec2024 and PT-sUSDe-27Mar2025 to the Morpho Spark DAI vault with the configurations that follow:
PT-sUSDe-26Dec2024
- Address: 0xee9085fc268f6727d5d4293dbabccf901ffdcc29
- Pool LLTV: 91.5%
- Supply cap: 100 million DAI
- Price oracle yield to maturity: 15%
- Price oracle PT redemption value: $1
PT-sUSDe-27Mar2025
- Address: 0xE00bd3Df25fb187d6ABBB620b3dfd19839947b81
- Pool LLTV: 91.5%
- Supply cap: 100 million DAI
- Price oracle yield to maturity: 20%
- Price oracle PT redemption value: $1
Please review the discussion thread to help inform your position before voting. An overview of Pendle PTs can be found in this July 13, 2024 forum post.
Outcomes
If the votes for the 'Yes' option exceed the votes for the 'No' option, then the following actions will be taken:
- This change will be included in an upcoming Executive Vote.
- It is expected that this Executive Vote will take place within 30 days of this poll passing, absent external factors.
- If the Executive Vote passes, then this change will become active in the Sky Protocol after the GSM Pause Delay has expired.
If the votes for the 'No' option equal or exceed the votes for the 'Yes' option then no further action will be taken at this time.
Resources
If you are new to voting in the Sky Protocol, please see the voting guide to learn how voting works.
Additional information about the Governance process can be found in the Operational Manual.
To add current and upcoming votes to your calendar, please see the Sky Governance Calendar.