Deploy ETH to active silos
The following proposal will be used to guide the core team’s deployment of the 897 ETH following SiloDAO’s successful vote on SIP-15.
This proposal recommends that we deploy 450 ETH to 9 silos at the rate of 50 ETH per silo.
The goal of the ETH deployment is to bootstrap ETH liquidity in live silos and generate initial traction.
The core team can rebalance deployed ETH among silos depending on the utilization of ETH in each market. Community members can suggest rebalancing strategies either via snapshot votes or informal conversations in the DAO’s communities (governance forum, Discord, etc.)
While we’re only deploying 450 out of 897 ETH available, more ETH can be deployed to existing or/and new silos if need be, pending future snapshot proposals.
NOTE: The ETH will only be deployed after Ethereum mainnet merges successfully to minimize risk.
Vote Yes - I agree with this proposal No - I want ETH deployed differently No - I disagree with this proposal
References: SIP-15 Executed: https://etherscan.io/tx/0x1f4c8c307c2a4471f45f1bba2fb2f0eebaef58909588e0c0a5cbfef5cbe6cac5
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x70AD...68AD4C | 13.333M | I agree with this proposal |
 0x388d...76a0E6 | 4.218M | I agree with this proposal |
 0x29bE...C4720c | 4.1M | I agree with this proposal |
 0xAB2e...AaBCC8 | 715,508 | I agree with this proposal |
 0x9dc7...e8304A | 515,540 | I agree with this proposal |
VOTE POWER
Proposal Status
- Mon September 12 2022, 04:13 pmVoting Period Starts
- Thu September 15 2022, 04:13 pmEnd Voting Period
Current Results
1-I agree with this proposal
25.311M