closedEnded 4 years ago · Snapshot (Offchain)
MIP-5 Yielding USD Position Gro Protocol
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Gro protocol propose to help Merit Cicle DAO manage $2.5MM of the treasury fiat position through their risk tranched stablecoin PWRD, which offers deposit protection while generating yield.
They propose, after discussion with the community, to allocate to the following positions:
- 1.25MM in PWRD
- 1.25MM in PWRD-3CRV (staked on Gro)
Read the full proposal and discussion here: https://gov.meritcircle.io/t/proposal-partner-with-gro-protocol-for-treasury-management/141/15
Should Merit Circle DAO allocate 2.5MM to PWRD and PWRD-3CRV?
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0Votes 83
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xcAea...98721F | 902,979 | No |
 0xb0c1...0feD9F | 643,981 | No |
 0x8b18...2b5Fac | 579,126 | No |
 0x6386...Eaf793 | 494,969 | Yes |
 0xcC20...E76Aea | 383,830 | No |
VOTE POWER
0
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Proposal Status
- Wed December 08 2021, 01:01 pmVoting Period Starts
- Fri December 10 2021, 01:01 pmEnd Voting Period
Current Results
1-No
4.236M
2-Yes
1.039M