Proposal to allow Mushrooms earning vault to mint USX

Governance Proposals
#1

Proposal:
We would like to apply collaboration with dForce to allow Mushrooms earning vault to mint USX.

  • Apply to both Ethereum and BSC.

Asset Details
Mushrooms Finance is a crypto yield optimizer with focus on seeking sustainable profits in the DeFi universe via innovative products like auto portfolio-rebalancing tool MushMon.
Mushrooms Finance Vaults help you earn passive profit on crypto assets like WETH/WBTC/DAI/USDC, etc. For example, the earning strategies associated with the Vaults will automate your yield farming on Compound or Curve by auto-compounding the profit. Vaults earn in the denomination of whatever token you deposited.

#2

several Qs that i have: so the idea is that Mushroom users are able to use their WETH/WBTC/DAI/USDC to mint USX, as the same time these assets are part into Mushroom?
that’s similiar to how MIM and yearn vaults are interacting.

am i reading it correctly? only half milly TVL? that’s look too small

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#3

yes, think too small to justify a seperate vaults, we should put up some simple guildeline on the minimum requirement

#4

it’s hard to toally quantify but agree that we probably need to have i.e for an asset with significantly more than half million to justify a vault.

#5

We have more TVL in the Ethereum.
https://defillama.com/protocol/mushrooms-finance