Silo Finance (SILO) news

Silo Finance

SIP-36 Mint XAI to silos

Action 1: Mint XAI to SILO_MODULE
XAI_ADDRESS: 0xd7C9F0e536dC865Ae858b0C0453Fe76D13c3bEAc
to: 0xb98BC3E3B9EA8d86F6EE321737fA23710737F1aF
amount: 3500000000000000000000000 (3_500_000::decimals18)

Action 2: Deposit XAI into USDC s

Silo | SIP-36 Mint XAI to silos

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Please vote on two proposals:

- SIP-36 Mint XAI to silos
https://www.tally.xyz/gov/silo/proposal/87387547747287228619306649150905742987487346987631313792369194532770280520050

- SIP-35 Disable sETH2, FTT and xSushi Silos
https://www.tally.xyz/gov/silo/proposal/21375775685803821114199986220612752813718508941173735503226880715341204874213

SIP-36: Mint XAI to silos
The proposal will make $XAI available for users to mint as follows: 

Silo (Name)        XAI Amounts
USDC:         Mint 1M, total XAI in the silo Increases to 6M 
USDT:         Mint 500,000
DAI:             Mint 500,000
cbETH:       Mint 500,000
wstETH:     Mint 500,000
OHM:         Mint 100,000
gOHM:       Mint400,000

SIP-35: Disable sETH2, FTT and xSushi Silos
The 3 markets are inactive now. Reasons for disabling the markets: 
- xSushi no longer has a valid oracle after Chainlink disabled the oracle.
- sETH2 (StakeWise ETH LSD) is being deprecated and a new token asset will be released soon. 
- FTT: Token is a rug.

Please vote on two proposals:. - SIP-36 Mint XAI to silos. - SIP-35 Disable sETH2, FTT and xSushi Silos.