Vote for UNI as collateral in Makerdao

If you’re a $MKR token holder, please vote in favor of including $UNI as a collateral type. Currently this proposal is in the “polling” stage of Maker’s governance process, next it will move into an “executive” vote where another round of voting will commence.

Vote here

The proposed initial system parameters for UNI (Uniswap) are:

  • Stability Fee: 3%
  • Liquidation Ratio: 175%
  • Debt Ceiling: 15 million DAI
  • Auction Lot Size: 50,000 DAI
  • Minimum Bid Increment: 3%
  • Bid Duration: 6 hours
  • Max Auction Duration: 6 hours
  • Liquidation Penalty: 13%
  • Dust: 500 DAI