UMIP 35-Add bwBTC/ETH SLP and bBadger as collateral currencies

Mhairi · March 2, 2022, 1:08pm

This UMIP will add bwBTC/ETH Sushiswap liquidity provider (SLP) and bBadger, two BadgerDAO vault LP tokens, as approved collateral currencies.

github.com

UMAprotocol/UMIPs/blob/master/UMIPs/umip-35.md

# Headers

| UMIP - 35 |                                     |
| ---------- | ----------------------------------- |
| UMIP Title | Add bwBTC/ETH SLP and bBadger as collateral currencies |
| Authors    | BitcoinPalmer, mitche50, J au Defi, Defi Frog  |
| Status     | Approved                               |
| Created    | January 7, 2021                    |

## Summary


This UMIP will add bwBTC/ETH Sushiswap liquidity provider (SLP) and bBadger, two BadgerDAO vault LP tokens, as approved collateral currencies. 

This will involve adding it to the whitelist and adding a flat final fee to charge per-request. The proposed final fee is 0.000000013 bwBTC/ETH SLP and 24 bBadger per request.

View [here](https://badgerdao.medium.com/sett-vault-user-guide-9040b2f4b7a4) for an overview of Badger DAO's Setts Vaults

## Motivation

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UMIP 35-Add bwBTC/ETH SLP and bBadger as collateral currencies

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