WIP13:提议确定多链部署计划的风险框架,调整部分风险参数,并上线 LTC、LINK、ADA、FIL 借贷市场

1 、前言

提案编号:WIP13
提案名称:提议确定多链部署计划的风险框架,调整部分风险参数,并上线 LTC、LINK、ADA、FIL 借贷市场
提案作者:Core Devs
有关提案:无
替换提案:无

2 、摘要

本提案中,核心开发团队提议确定多链部署计划的风险框架,调整部分风险参数,上线 LTC、LINK、ADA、FIL 借贷市场,并提出实施的细节以及时间。

注意:本提案讨论期 2 天,正式投票期 2 天。

3 、动机

WePiggy 协议已平稳登陆 OKExChain 以及 BSC 主网,为了让社区能够更好的参与协议的发展以及治理,核心开发团队认为应当正式确定多链部署计划中各链的风险框架。

为了符合各链的实际运行状况,确保 WePiggy 协议在各链上具有足够的市场竞争力,核心开发团队提议对目前多链部署计划中的部分参数调整。

最后,在确保用户资产安全,以及不会引入过大的协议外部风险的前提下,为了扩大协议的用户基础以及市场规模,核心开发团队认为应当逐步上线更多新的借贷市场。

4 、正文

4.1 多链部署计划的风险框架

原则上,各链的风险评估方法论,将沿用以太坊主网的风险评估方法论。各链的风险框架将会公示在WePiggy知识库的各链专区当中。

具体来说:

发行在以太坊主网上的资产,按照以太坊上的规则执行。例如 UNIK、DAIK,原本是发行在以太坊主网上的 UNI、DAI。

发行在其它公链上,通过跨链桥进入 BSC、OKExChain 等链的资产,无法完全沿用以太坊主网的风险评估方法论,WePiggy 将把这些资产视作原链资产进行评估,并进行适当说明。例如 DOTK、BTCK,原本是发行在各自公链上的 DOT、BTC。

多链部署计划中,各链本身的原生资产,将参考以太坊主网的规则来执行。

4.2 调整部分风险参数

根据目前的风险评估方法论,我们将视 BSC、OKExChain 上面的 ETH (Binance-Peg Ethereum Token),BTCB 以及 ETHK、BTCK 为 ETH、BTC,并考虑到它们在各链上的充足流动性,上调他们的质押率。

除此之外,考虑到 BNB 作为 BSC 的燃料币,具备最优越的流动性,且在 BSC 的市场环境当中,为了使 WePiggy 具备足够的竞争力,应上调它的质押率。

4.2.1 WePiggy - BSC 风险参数调整:

ETH、BTCB 的质押率从 70% 调整为 80%
BNB 的质押率从 60% 调整为 80%

资产 U kink R 0 R 1 R 2 准备金率 质押率 清算门槛 清算系数 清算奖励 借款上限 存款上限
ETH 65% 0% 8% 100% 20% 80% 100% 50% 8%
BTCB 65% 0% 8% 100% 20% 80% 100% 50% 8%
BNB 80% 2% 28% 120% 25% 80% 100% 50% 8%

4.2.2 WePiggy - OKExChain 风险参数调整:

ETHK、BTCK 的质押率从 70% 调整为 80%

资产 U kink R 0 R 1 R 2 准备金率 质押率 清算门槛 清算系数 清算奖励 借款上限 存款上限
ETHK 65% 0% 8% 100% 20% 80% 100% 50% 8%
BTCK 65% 0% 8% 100% 20% 80% 100% 50% 8%

4.2.3 执行时间

以上调整,将会在提案通过后,立刻执行。

4.3 在多链部署计划中,上线 LTC、LINK、ADA、FIL 借贷市场

4.3.1 基本介绍

基于以下考虑,核心开发团队提议在多链部署计划中上线 LTC、LINK、ADA、FIL 借贷市场:

1、上述资产有广泛的加密社区基础,有大量的持币者
2、上述资产在去中心化和中心化的交易市场中均具有充足的流动性
3、上述资产符合调整后的风险框架
4、上述资产已在其它借贷协议中普遍存在并运行良好

4.3.2 风险评估表

请点击以下链接查看风险评估表的最后四种资产:

BSC:https://www.yuque.com/zgryhn/kgrqd1/qycoa5#bsE5
OKExChain:https://www.yuque.com/zgryhn/gpvkmi/mapcda#bsE5

4.3.2 风险参数

资产 U kink R 0 R 1 R 2 准备金率 质押率 清算门槛 清算系数 清算奖励 借款上限 存款上限
LTC 80% 2% 28% 120% 25% 60% 100% 50% 8%
LINK 80% 2% 28% 120% 25% 60% 100% 50% 8%
ADA 80% 2% 28% 120% 25% 60% 100% 50% 8%
FIL 80% 2% 28% 120% 25% 60% 100% 50% 8%

4.3.3 存借款利率曲线

4.3.4 流动性挖矿计划调整

a. 在 WePiggy - BSC 上

设置新上线资产 LTC、LINK、ADA、FIL 初始权重为 300

详见下表:

币种 权重 所占奖励比例 存款/借款市场分配速率(每区块) 存款/借款市场分配速率(每天) 存款+借款市场总分配(每天)
BUSD 1,000 10.99% 0.001923076 55.384615384 110.769230769
USDC 1,000 10.99% 0.001923076 55.384615384 110.769230769
USDT 1,000 10.99% 0.001923076 55.384615384 110.769230769
DAI 1,000 10.99% 0.001923076 55.384615384 110.769230769
ETH 1,000 10.99% 0.001923076 55.384615384 110.769230769
BTCB 1,000 10.99% 0.001923076 55.384615384 110.769230769
BNB 1,000 10.99% 0.001923076 55.384615384 110.769230769
DOT 300 3.30% 0.000576923 16.615384615 33.230769230
UNI 300 3.30% 0.000576923 16.615384615 33.230769230
CAKE 300 3.30% 0.000576923 16.615384615 33.230769230
LTC 300 3.30% 0.000576923 16.615384615 33.230769230
LINK 300 3.30% 0.000576923 16.615384615 33.230769230
ADA 300 3.30% 0.000576923 16.615384615 33.230769230
FIL 300 3.30% 0.000576923 16.615384615 33.230769230
加总 9100 100.00% 0.0175 504.0 1008.0

目前,WPC 还处于盲挖阶段,暂时无法领取,领取功能将会在 WPC 解锁时上线。

b. 在 WePiggy - OKExChain 上

设置新上线资产 LTC、LINK、ADA、FIL 初始权重为 300

详见下表:

币种 权重 所占奖励比例 存款/借款市场分配速率(每区块) 存款/借款市场分配速率(每天) 存款+借款市场总分配(每天)
DAIK 1,000 11.36% 0.001988636 57.272727272 114.545454545
USDC 1,000 11.36% 0.001988636 57.272727272 114.545454545
USDT 1,500 17.05% 0.002982954 85.909090909 171.818181818
ETHK 1,000 11.36% 0.001988636 57.272727272 114.545454545
BTCK 1,000 11.36% 0.001988636 57.272727272 114.545454545
OKB 500 5.68% 0.000994318 28.636363636 57.272727272
OKT 1,000 11.36% 0.001988636 57.272727272 114.545454545
DOTK 300 3.41% 0.000596590 17.181818181 34.363636363
UNIK 300 3.41% 0.000596590 17.181818181 34.363636363
LTCK 300 3.41% 0.000596590 17.181818181 34.363636363
LINKK 300 3.41% 0.000596590 17.181818181 34.363636363
ADAK 300 3.41% 0.000596590 17.181818181 34.363636363
FILK 300 3.41% 0.000596590 17.181818181 34.363636363
加总 8800 100.00% 0.0175 504.0 1008.0

目前,WPC 还处于盲挖阶段,暂时无法领取,领取功能将会在 WPC 解锁时上线。

4.3.5 执行时间

在 WePiggy - BSC 上: 若提案通过将立刻执行。

在 WePiggy - OKExChain 上: 由于目前 OKExChain 的 DEX 流动性不足,上线大量资产存在无法及时清算的风险。若提案通过,核心开发团队将在 OKExChain 的 DEX 流动性建设达到足够规模后,上线以上资产,并同步调整各币种的奖励权重。

五 、选项

1、同意
2、反对

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

WIP13: Propose to Determine the Risk Framework of the Multi-Chain Deployment Plan, Adjust Some Risk Parameters, and Launch the LTC, LINK, ADA, FIL Lending Market

1. Preamble

Proposal Number: WIP13
Proposal Title: Propose to Determine the Risk Framework of the Multi-Chain Deployment Plan, Adjust Some Risk Parameters, and Launch the LTC, LINK, ADA, FIL Lending Market
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 determine the risk framework of the multi-chain deployment plan, adjust some risk parameters, launch the LTC, LINK, ADA, and FIL lending markets, and propose specific implementation details and time.

Note: The duration of the Proposal Discussion Stage is 2 days, the Proposal Voting Stage is 2 days.

3. Motivation

WePiggy is running steadily on OKExChain and the BSC mainnet. In order to allow the community to better participate in the development and governance of WePiggy, the core development team believes that the risk framework of each chain in the multi-chain deployment plan should be formally determined.

In order to comply with the actual situation of each chain and ensure that WePiggy has sufficient market competitiveness on each chain, the core development team proposes to adjust some parameters in the current multi-chain deployment plan.

Finally, on the premise of ensuring the security of user assets and not introducing excessive external risks to the protocol, to expand the user base and market scale, the core development team believes that more new lending markets should be gradually launched.

4. Specification

4.1 Risk Framework for Multi-Chain Deployment Plans

In principle, the risk assessment methodology of each chain will follow the risk assessment methodology of the Ethereum mainnet. The risk framework for each chain will be published in each chain’s special section in WePiggy’s knowledge base.

Specifically:

Assets issued on the Ethereum mainnet are evaluated in accordance with the rules of Ethereum. For example, UNIK and DAIK were originally UNI and DAI issued on the Ethereum mainnet.

Assets issued on other public chains and entering BSC, OKExChain and other chains through cross-chain bridges cannot fully follow the risk assessment methodology of the Ethereum mainnet. WePiggy will evaluate these assets as the original chain assets and make appropriate explanations. For example, DOTK and BTCK were originally DOT and BTC issued on their respective public chains.

In the multi-chain deployment plan, the native assets of each chain will be evaluated with reference to the rules of the Ethereum mainnet.

4.2 Adjust Some Risk Parameters

According to the current risk assessment methodology, we will treate ETH (Binance-Peg Ethereum Token), BTCB, ETHK and BTCK on BSC and OKExChain as ETH and BTC, and considering their sufficient liquidity on each chain, their LTV ratio should be raised.

In addition, considering that BNB, as the fuel of BSC, has the most superior liquidity, and in the BSC market environment, to make WePiggy have sufficient market competitiveness, the LTV ratio of BNB should be raised.

4.2.1 WePiggy - BSC Risk Parameters Adjustment:

Increase LTV ratio of ETH, BTCB, from 70% to 80%
Increase LTV ratio of BNB from 60% to 80%

Name U kink R 0 R 1 R 2 Reserve Factor LTV Liquidation Threshold Liquidation Factor Liquidation Bonus Borrow Cap Deposit Cap
ETH 65% 0% 8% 100% 20% 80% 100% 50% 8% None None
BTCB 65% 0% 8% 100% 20% 80% 100% 50% 8% None None
BNB 80% 2% 28% 120% 25% 80% 100% 50% 8% None None

4.2.2 WePiggy - OKExChain Risk Parameters Adjustment:

Increase LTV ratio of ETHK and BTKB from 70% to 80%

Name U kink R 0 R 1 R 2 Reserve Factor LTV Liquidation Threshold Liquidation Factor Liquidation Bonus Borrow Cap Deposit Cap
ETHK 65% 0% 8% 100% 20% 80% 100% 50% 8% None None
BTCK 65% 0% 8% 100% 20% 80% 100% 50% 8% None None

4.2.3 Execution Time

The above adjustments will be implemented immediately after the proposal is passed.

4.3 Launch LTC, LINK, ADA, FIL Lending Markets in the Multi-Chain Deployment Plan

4.3.1 Basic Introduction

Based on the following considerations, the core development team proposes to launch the LTC, LINK, ADA, and FIL lending markets in the multi-chain deployment plan:

1 . The above assets have a broad crypto community foundation and a large number of holders
2 . The above assets have sufficient liquidity in both decentralized and centralized trading markets
3 . The above assets meet the adjusted risk framework
4 . The above assets have been listed on many other lending protocols and all performed well

4.3.2 Asset Risk Map

Please click the links below to view the last four assets in the forms:

BSC:https://www.yuque.com/zgryhn/kgrqd1/qycoa5#bsE5
OKExChain:https://www.yuque.com/zgryhn/gpvkmi/mapcda#bsE5

4.3.2 Risk Parameters

Name U kink R 0 R 1 R 2 Reserve Factor LTV Liquidation Threshold Liquidation Factor Liquidation Bonus Borrow Cap Deposit Cap
LTC 80% 2% 28% 120% 25% 60% 100% 50% 8% None None
LINK 80% 2% 28% 120% 25% 60% 100% 50% 8% None None
ADA 80% 2% 28% 120% 25% 60% 100% 50% 8% None None
FIL 80% 2% 28% 120% 25% 60% 100% 50% 8% None None

4.3.3 Deposit&Borrow Rate Curves

4.3.4 Liquidity Mining Program Adjustment

a. For WePiggy - BSC

Set the initial weight of LTC, LINK, ADA and FIL as 300

In detail:

Maket Weight Percentage Deposit/Borrow Market Distribution Speed (Per Block) Deposit/Borrow Market Distribution Speed (Per Day) Deposit+Borrow Market Distribution Speed (Per Day)
BUSD 1,000 10.99% 0.001923076 55.384615384 110.769230769
USDC 1,000 10.99% 0.001923076 55.384615384 110.769230769
USDT 1,000 10.99% 0.001923076 55.384615384 110.769230769
DAI 1,000 10.99% 0.001923076 55.384615384 110.769230769
ETH 1,000 10.99% 0.001923076 55.384615384 110.769230769
BTCB 1,000 10.99% 0.001923076 55.384615384 110.769230769
BNB 1,000 10.99% 0.001923076 55.384615384 110.769230769
DOT 300 3.30% 0.000576923 16.615384615 33.230769230
UNI 300 3.30% 0.000576923 16.615384615 33.230769230
CAKE 300 3.30% 0.000576923 16.615384615 33.230769230
LTC 300 3.30% 0.000576923 16.615384615 33.230769230
LINK 300 3.30% 0.000576923 16.615384615 33.230769230
ADA 300 3.30% 0.000576923 16.615384615 33.230769230
FIL 300 3.30% 0.000576923 16.615384615 33.230769230
Total 9100 100.00% 0.0175 504.0 1008.0

At present, WPC is still in the blind mining stage and cannot be claimed temporarily. The claim function will be launched when WPC is unlocked.

b. For WePiggy - OKExChain

Set the initial weight of LTC, LINK, ADA and FIL as 300

In detail:

Maket Weight Percentage Deposit/Borrow Market Distribution Speed (Per Block) Deposit/Borrow Market Distribution Speed (Per Day) Deposit+Borrow Market Distribution Speed (Per Day)
DAIK 1,000 11.36% 0.001988636 57.272727272 114.545454545
USDC 1,000 11.36% 0.001988636 57.272727272 114.545454545
USDT 1,500 17.05% 0.002982954 85.909090909 171.818181818
ETHK 1,000 11.36% 0.001988636 57.272727272 114.545454545
BTCK 1,000 11.36% 0.001988636 57.272727272 114.545454545
OKB 500 5.68% 0.000994318 28.636363636 57.272727272
OKT 1,000 11.36% 0.001988636 57.272727272 114.545454545
DOTK 300 3.41% 0.000596590 17.181818181 34.363636363
UNIK 300 3.41% 0.000596590 17.181818181 34.363636363
LTCK 300 3.41% 0.000596590 17.181818181 34.363636363
LINKK 300 3.41% 0.000596590 17.181818181 34.363636363
ADAK 300 3.41% 0.000596590 17.181818181 34.363636363
FILK 300 3.41% 0.000596590 17.181818181 34.363636363
Total 8800 100.00% 0.0175 504.0 1008.0

At present, WPC is still in the blind mining stage and cannot be claimed temporarily. The claim function will be launched when WPC is unlocked.

4.3.5 Execution Time

a. For WePiggy - BSC

If the proposal is passed, it will be implemented immediately.

b. For WePiggy - OKExChain

In view of the current lack of liquidity in OKExChain’s DEX, if WePiggy launches too many assets, the liquidation process may not proceed smoothly and orderly, causing systemic risks in the protocol.

So, if the proposal is passed, the core development team will launch the above assets after OKExChain’s DEX liquidity construction reaches a sufficient scale, and adjust their weights accordingly.

5. Option

Option 1: For
Option 2: Against

这个提案主要是完善风险框架,让多链部署的WePiggy协议上币流程更透明和安全,为近期加速部署多个公链和网络上的借贷协议做好准备。

2 Likes

Well, if it’s to make WePiggy more secure, you know that: I’M IN!

Either way, I approve of the proposed assets to be added to the lending protocol. They’re all essential tokens within the crypto industry.

I vote for : 1

3 Likes

I definitely think these coins would be a great addition, especially ADA

My vote is: 1

3 Likes

More assets might bring more deposits and make WePiggy bigger so i’ll vote Option 1: For

2 Likes

很关键,关于风险框架,上次跟社区里一个老哥还在讨论这个,小猪也意识到这个问题了,很好!
有规矩比大家瞎猜要来的好,核心开发团队划好底线,用户心里才有底。

上调质押率,适应市场竞争,明智!

逐步上线新资产,避免引入过大的风险,稳健! :+1:

1 Like