WIP7:启动借款挖矿

WIP7:启动借款挖矿

1 、前言

提案编号:WIP7
提案名称:启动借款挖矿
提案作者:Core Devs
有关提案:无
替换提案:无

2 、摘要

本提案中,核心开发团队建议启动借款挖矿以激励借款行为,并详细阐明了借款挖矿的机制,对于目前流动性挖矿计划的影响,以及针对不同资产的借款激励如何分配。

注意:本提案为加急提案讨论期 1 天正式投票期 1 天TimeLock 2 天

3 、动机

由于目前只有存款市场可以得到经济激励,借款市场的利用率不佳。为了 WePiggy 市场的长远发展,核心开发团队提议启动借款挖矿。

4 、正文

4.1 机制

为了实现对借款的激励,我们需要:

1、在原本的矿池列表中,添加一个“借款池”,前端不可见。

2、根据其他借贷协议的历史数据,将借款池的 WPC,按设定的不同权重,分配到各个借款市场。

3、借款用户按照他在各个借款市场的借款占比(用户借款金额/该市场的总借款金额)获得 WPC。

4、如果用户借取了多种资产,则他应从多个借款市场获得奖励,奖励总额会实时统计,用户可在 WPC 允许流通之后申领。

4.2 流动性挖矿计划的矿池权重调整

目前,借款挖矿相比存款挖矿更为重要,且由于借款行为需要存入足够的抵押物,本身就有吸引用户存款的作用,所以从激励角度来看,借款挖矿与存款挖矿,应该至少是6与4的比例。

当前各个矿池权重如下:

矿池名 pETH pWBTC pDAI pUSDT pUSDC Airdrop
权重分 1000 1000 1000 1000 1000 1000

启用借款挖矿之后,各个矿池权重调整如下:

矿池名 pETH pWBTC pDAI pUSDT pUSDC Airdrop BorrowPool
权重分 1000 1000 1000 1000 1000 1000 7500

4.3 借款激励的分发机制

根据核心开发团队对各个借贷市场历史数据的统计,WBTC 与 ETH 是优质的抵押物,但是很少被借出,所以利用率非常低,长期普遍维持在10%至25%左右,甚至10%以下。

相比之下,各种稳定币的利用率则高得多,往往可以达到50%至80%,甚至接近100%。

因此,核心开发团队认为,就借款挖矿而言,对稳定币市场激励力度应当是 BTC 或 ETH 这类底层资产的 5 倍为宜。

整个借款挖矿池的权重分是7500,所以上线的 5 种资产各自大约占到:

各借款市场 ETH WBTC DAI USDT USDC
权重分 450 450 2200 2200 2200

4.4 选项

1、支持
2、不支持

--------In English----------

WIP7: Enable Borrowing Mining

1. Preamble

Proposal Number: WIP5
Proposal Title: Enable borrowing mining
Proposal Author(s): Core Devs
Related Proposals / Dependencies: N/A
Replacement Proposal / Replaces: N/A

2. Abstract

In this proposal, the core development team proposes to enable borrowing mining to encourage borrowing, and clarifies the mechanism of borrowing mining, the improvement of the current liquidity mining program, and how to allocate borrowing incentives for different assets.

Note: This proposal is an urgent proposal, the duration of the Proposal Discussion Stage is 1 day, the Proposal Voting Stage is 1 day, TimeLock is 2 days。

3. Motivation

As only the deposit market can get economic incentives, the utilization rate of the borrowing market is not good. For the long-term development of the WePiggy lending market, the core development team proposed to start borrowing mining.

4. Specification

4.1 Mechanism

To encourage borrowing, we need:

1. Add a “BorrowPool” pool, which is invisible on the frontend.

2. According to the historical data of other lending protocols, allocate the WPC rewards of the BorrowPool to each market with different weights.

3. The borrower obtains WPC rewards according to the proportion of his borrowing in each market (user borrowing amount/total borrowing amount in that market).

4. If a user borrows multiple assets, he/she should get rewards from multiple markets. The total rewards will be counted in real-time, and the user can claim all the rewards after the WPC token release.

4.2 Liquidity Mining Pools Weights Adjustment

At present, borrowing mining is more important than deposit mining. Because users’ borrowings are collateralized by their deposits, the more assets they borrow, the more collateral they need to deposit.

So, to encourage borrowing, the ratio for the incentive weights of borrowing mining to depositing mining should be at least 6:4.

Currently, WePiggy has a total of 6 mining pools, and their weights are as follows:

Pool pETH pWBTC pDAI pUSDT pUSDC Airdrop
Weight 1000 1000 1000 1000 1000 1000

After adjustment:

Pool pETH pWBTC pDAI pUSDT pUSDC Airdrop BorrowPool
Weight 1000 1000 1000 1000 1000 1000 7500

4.3 Distribution Mechanism of Borrowing Incentive

According to the core development team’s statistics on the historical data of other lending markets, WBTC and ETH are high-quality collaterals, but they are rarely borrowed, so the utilization rate is always low, usually around 10% to 25% or even below 10%.

In contrast, the utilization rate of various stablecoins is much higher, around 50% to 80%, or even close to 100%.

Therefore, the core development team believes that in terms of borrowing mining, the incentive for the stablecoin market should be 5 times that of base assets such as BTC and ETH.

The toal weight of BorrowPool is 7500, the weight for each asset as follow:

Borrow Market ETH WBTC DAI USDT USDC
Weight 450 450 2200 2200 2200

4.3 Option

Option 1: For
Option 2: Against

4 Likes

希望可以尽快通过借币挖矿的提案,让存借双方都获得激励。目前上线一周以来,WePiggy 协议一直都稳健运行中(如果有大问题,黑客就教我们做人了),因此我觉得已经到了可以启动借币挖矿的时候了。

借币挖矿启动后,大家可以多多借币,把资产利用起来,并为借到的资产寻找好的生息方式,实现“双挖”的效果:在我们这里的借币行为一方面可以挖到WPC。有未来的期待。另一方面,把借到的币(目前利息普遍比较低)参与其他项目或产品,有实实在在的收益。

之后,我们也会发动志愿者搜集更多的理财方式,在做一些技术上的甄选后,发布到社区群或社交媒体上,帮助大家将借到的资产稳定升值。

小猪存币,两份收益!

3 Likes

支持1,按不同的权重

这样来看,借款可以循环借,也就循环挖了么?

借币挖矿是可以循环,但是就要注意爆仓风险了,毕竟套的越多层,越容易爆仓。而且gas手续费会很高。

支持1,坐等借币挖矿!
不过借款池和空投池都是不可见的,用户怎么知道各池子的权重各项参数是否属实?

看合约,社区里的技术大佬很多的,如果有问题,他们都会跳出来指出

I already know what my vote will be. Makes total sense to have higher incentives to stable coins. Ultimately brings more money to protocol statics show

支持支持。有矿挖就会有更多的人来借款。这样收益利息就越来越多,哈哈

支持借款挖矿

Thanks. As core development team, we do really care about the voice of our international users. So we write an English version for every proposal. We just don’t have enough time to do more global marketing.

It is nice for you to write a comment.

支持借款挖矿!

支持借款挖矿1,小猪加油

不支持不支持

支持小猪,越来越棒[poll type=regular results=always public=true chartType=bar]

3 Likes

小猪加油,支持1

3 Likes

支持借款挖矿

2 Likes

小猪稳扎稳打

2 Likes

小猪加油,支持1

1支持借款挖矿