closedEnded 2 years ago · Snapshot (Offchain)
SDGP-24 SDT <> RSR Token Loan with Reserve Protocol Core Team
By 0xD8de...f224f6Continue Reading
Proposal has been discussed extensively in the forum: https://gov.stakedao.org/t/sdgp-24-sdt-rsr-token-loan-with-reserve-protocol-core-team/850
tl;dr If this proposal is accepted:
- Reserve and Stake DAO will lend each other SDT and RSR to help each with their respective sdCRV and USDC+ positions: $500k worth of SDT (capped at 1.5m) and $400k worth of RSR
- SDT lent will be locked for 4 years
- Stake DAO will deploy a new triSDT pool with rTOKENs (USDC+ and ETH+)
- Reserve will seed the liquidity of this new pool (meaning the acquisition of SDT, already $100k worth have been acquired to prepare for this)
- Reserve will vote with a portion of their veCRV voting power for the pool, as they have been doing for other rTOKEN pools
- The loan will consist in a joint multisig where neither Reserve nor Stake DAO can perform a transaction without the agreement of the other, and where a third party is appointed in case of dispute
Connect Wallet to Add Note
0Votes 17
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xb0e8...7384af | 1.785M | Yes (support the proposal) |
 0x329c...543eD4 | 218,866 | Yes (support the proposal) |
 0x35a9...c66Dc7 | 162,773 | Yes (support the proposal) |
 0x2f70...B0B0F5 | 127,449 | Yes (support the proposal) |
 0x631d...4a3fcf | 69,231 | Yes (support the proposal) |
VOTE POWER
0
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Proposal Status
- Fri December 15 2023, 06:10 pmVoting Period Starts
- Wed December 20 2023, 07:00 pmEnd Voting Period
Current Results
1-Yes (support the proposal)
2.445M
2-Rework the terms
29,404.763