# Collateral Proposal

Use this template as a guide to propose a new collateral asset for OUSD.

## ***Title:***

*What is the name of the collateral proposal?*

## ***Author(s):***

*Who wrote/contributed to the collateral proposal?*

## ***Create date:***

*When was the collateral proposal created?*

## ***Proposal:***

*One sentence summarizing the collateral proposal*

### **References**

*Add links to:*

* *project*
* *project website*
* *CoinGecko/CMC*
* *whitepaper*
* *docs/Gitbook*
* *source code/Github*
* *Ethereum addresses*
* *number of holders*
* *price oracle(s)*
* *audits*

**Socials**

Add links, with the number of followers/members:

* Twitter
* Discord
* Telegram
* Facebook
* Reddit
* Youtube

## History

*When did the stablecoin launch?* 

*What was the peak TVL?*

*Where else is the stablecoin used as collateral?* 

## Smart Contract Practices 

*Can anyone mint the stablecoin?* 

*Do the contracts use any proxies?* 

*Are the contracts upgradable?* 

*Is there a timelock?* 

*Add any other relevant information on the smart contracts.*

## Audits 

*How many audits has the stablecoin gone through?* 

*Which critical issues were uncovered?* 

*How were the issues fixed/mitigated?* 

*Which issues have not been fixed and why?*

#### Previous Hacks

*Has the project suffered a hack or exploit in the past?* 

*When did this happen?* 

*How did it happen?* 

*Did the event lead to a loss of user funds?* 

*How were affected users compensated?* 

*What has changed since the event?*

#### Bug Bounty

*Does the project maintain an active bug bounty? Please share any relevant links.*

## Peg Stability

*Does the stablecoin have the capability to maintain its peg to USD?* 

*How often does it de-peg?* 

*When was the last major de-peg?*

## Liquidity & Composability 

*Can users exit the stablecoin with sufficient liquidity in dire situations? There should be at least $100M liquidity available to be considered an option - if there is not, explain why.*

## DeFi Integrations 

*Where is the stablecoin currently supported in Defi? List out any lending markets, CDPs, DEX pools, and other integrations.*

## Team 

*Tell us more about the project team - is the team doxed?* 

*Can at least two people be seen publicly working on the project?* 

*Is there any prior history of nefarious activity?* 

## Documentation 

Does the project documentation provide insightful information for developers and researchers? 

Are all deployed contracts linked to their respective Etherscan page? 

Are all multi-sig addresses included? 

## Admin Controls

*Is the project open about the multi-sig control for their smart contracts?* 

*Where can this information be found?* 

*How intuitive is it for the average user?*

## Liquidity Bootstrapping

*Will the stablecoin provide some liquidity to OUSD to bootstrap the TVL? If so, how much?*

### Vote

*Can be binary, or have multiple options with a "No" option. Please also add an abstain option.*

* **Yes** - Approve \[collateral name]
* **No** - Do not approve \[collateral name]
* **Abstain**

Unsure of the voting type to use? Check out the [Snapshot guide](https://docs.snapshot.org/user-guides/proposals/voting-types).


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# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.originprotocol.com/resources/governance-templates/collateral-proposal.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.