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YIP-42: Should Degenerative.Finance list Synthetic uStonks?
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YIP-42: Should Degenerative.Finance list Synthetic uStonks?
Summary
uLABS has created the uSTONKS token is a synthetic that tracks an index consisting of ten stocks that are most commented on r/wallstreetbets. Here’s the official announcement:
https://medium.com/uma-project/ulabs-and-ustonks-7a6ba1ed8eb3
Since there could be some regulatory concerns depending on the jurisdiction that each person is in, the Yam DAO should vote whether or not degenerative.finance should list uStonks and other synthetic indexes that track underlying stocks.
This vote can always be reversed by another vote.
Minimum requirement of 200,000 Votes required to pass.
Connect Wallet to Add Note
0Votes 62
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x53c9...e7334d | 79,958 | Yes, List uStonk and Similar |
 0xbc9E...653572 | 39,979 | Yes, List uStonk and Similar |
 0xe7Bf...541d5c | 20,274 | Yes, List uStonk and Similar |
 0x239E...F44110 | 17,764 | Yes, List uStonk and Similar |
 0xf75f...C9482A | 14,661 | Yes, List uStonk and Similar |
VOTE POWER
0
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Proposal Status
- Thu February 04 2021, 05:00 pmVoting Period Starts
- Sun February 07 2021, 05:00 pmEnd Voting Period
Current Results
1-Yes, List uStonk and Similar
296,030.765
2-Do not list
3,857.109