closedEnded 4 years ago · Snapshot (Offchain)
GIP-49: Should GnosisDAO do a BFF Partnership with MakerDAO?
By 0x7860...3A6Cb9Continue Reading
GnosisDAO and MakerDAO are naturally aligned with DAI as a common denominator. Gnosis Chain uses bridged DAI as its gas token so DAI’s adoption is critical for the success of the network.
Gnosis Ltd has already started buying MKR aggressively in the open market so it makes sense to align efforts with the GnosisDAO. Therefore, we propose the following:
- Propose a token swap GNO-MKR of around $70 million to the Maker community
- Explore the use of an institutional MakerDAO vault with the GnosisDAO treasury using GNO + stETH and mint 100 million DAI to be used for the development of the Gnosis Chain
- Explore a GNO grant with MakerDAO growth core unit to expand global adoption and brand awareness of Gnosis Chain
- Rebranding xDAI to DAI
- Increase GNO incentives to DAI pairs on Gnosis Chain
- Periodically buy MKR in the open market using GnosisDAO’s treasury farming rewards
Connect Wallet to Add Note
0Votes 690
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6d9A...3CD284 | 49,076 | For |
 0x60B5...5F5BB7 | 25,000 | For |
 0x0C36...a11017 | 4,080 | For |
 0x811C...d57e4D | 2,064 | For |
 0xF5c0...93Dcb3 | 1,962 | For |
VOTE POWER
0
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Proposal Status
- Tue June 14 2022, 10:00 amVoting Period Starts
- Tue June 21 2022, 10:00 amEnd Voting Period
Current Results
1-For
87,878.549
2-Against
5.173
3-Abstain
0.157