Proposal to add APE as Collateral
Proposal to add APE as a capped collateral to Interest Protocol.
Overview
ApeCoin is an ERC-20 governance and utility token used to empower a decentralised community building at the forefront of web3.
- Etherscan: https://etherscan.io/address/0x4d224452801aced8b2f0aebe155379bb5d594381
- Official Website: https://apecoin.com/
- Official Forum: https://forum.apecoin.com/
- Contact: support@apecoin.com
- Twitter: https://twitter.com/apecoin
- Whitepaper: ApeCoin DAO Governance
- CoinGecko: ApeCoin Price in USD: APE Live Price Chart & News | CoinGecko
- CoinMarketCap: ApeCoin price today, APE to USD live, marketcap and chart | CoinMarketCap
Parameters
Token Address: 0x4d224452801aced8b2f0aebe155379bb5d594381
LTV: 70%
Liquidation incentive: 10%
Cap: 63.5M ($200M)
Oracle Address: [To be deployed]
Primary oracle: Chainlink APE/USD
Secondary oracle: Uniswap v3 APE/WETH
Price deviation: 20%
Liquidity
MCAP: $3.16B
Uniswap liquidity: $4.63M
Coingecko 7-day avg 24hr volume: $231.0M
Notable exchanges: Coinbase, Binance, Okex, Bitfinex, HitBTC
Technical risks
- Type of contract: Governance Token
- Underlying asset: Governance Token
- Time: 277 days
- Value: control of the APE protocol
- Privileges: none
- Upgradability: None
