UMIP 116 -Add BADGER, OHM, IDLE, GNO, Qi, POOL, DOUGH V2, FEI, TRIBE and FOX as collateral currencies

Mhairi · March 3, 2022, 2:55pm

This UMIP proposes adding BADGER, OHM, IDLE, GNO, Qi, POOL, DOUGH V2, FEI, TRIBE and FOX for use as collateral in UMA contracts.

github.com

UMAprotocol/UMIPs/blob/master/UMIPs/umip-116.md

## Headers

**UMIP-116**
 
- UMIP title: Add BADGER, OHM, IDLE, GNO, Qi, POOL, DOUGH V2, FEI, TRIBE and FOX as collateral currencies
- Author Chandler De Kock (chandler@umaproject.org)
- Status: Approved 
- Created: July 15, 2021
- Discourse Link: https://discourse.uma.xyz/t/collateral-omnibus/1258

## Summary (2-5 sentences)

This UMIP proposes adding **BADGER**, **OHM**, **IDLE**, **GNO**, **Qi**, **POOL**, **DOUGH V2**, **FEI**, **TRIBE** and **FOX** for use as collateral in UMA contracts.

## Motivation

These tokens are being added as part of an Omnibus to allow for more projects to launch contracts using their native treasury token. 

## Technical Specification

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UMIP 116 -Add BADGER, OHM, IDLE, GNO, Qi, POOL, DOUGH V2, FEI, TRIBE and FOX as collateral currencies

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