Proposal to add WLD as a capped collateral to Interest Protocol: Optimism.
WLD is a utility token issued to orb-verified Worldcoin users, and is intended to have governance properties.
Token Address: 0xdC6fF44d5d932Cbd77B52E5612Ba0529DC6226F1 (Optimism)
Capped Token address:
Liquidation incentive: 10%
Maximum Cap: 300,000 WLD (~$380,000 market value at time of writing)
Primary oracle: Chainlink 0x4e1c6b168dcfd7758bc2ab9d2865f1895813d236
Price deviation: 20%
Market Cap: $162,000,000
Liquidity: $1,000,000 (Uniswap V3 0xD1F1baD4c9E6c44DeC1e9bF3B94902205c5Cd6C3)
Coingecko 7-day avg 24hr volume: $31,900,000
Notable exchanges: Uniswap, Binance, Coinbase, Velodrome
- Type of contract: ERC20
- Underlying asset: Governance Token
- Time: 42 Days Ago (July 19, 2023)
- Upgradability: Yes
Parts of Worldcoin operations occur on Optimism, which has encouraged large amounts of WLD to be present on Optimism.