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AladdinDAOAladdinDAOby0x561ADa4B0243F1d83dF80D1653E9F76E84128b0b0x561A…8b0b

Boule Plus: Voting on Notional.finance & Bancor V3

Voting ended over 4 years agoSucceeded

Join Aladdin Boule Plus, enjoy our new DAOFi vote-to-earn farming!

How do you get rewarded? You will be rewarded by:

  1. Voting Yes for an outperforming pool
  2. Voting No for an underperforming pool (Rewards will be distributed every 2 weeks)

Why Boule Plus?

  1. Participate in AladdinDAO’s weekly research meeting
  2. Broader community visibility and faster track to be elected to the Boule Council
  3. Accumulate reputation by voting on proposals correctly
  4. ALD holders maximize rewards by participating in vote-to-earn farming
  5. Hold ALDPLUS for more than 3 months will be entitled a NFT

For more details, please refer to: https://aladdindao.medium.com/aladdindao-unveils-daofi-a-vote-to-earn-farming-product-2afdf2c45e63

Project 1: Notional.finance Notional is the first decentralized, Ethereum-based protocol for borrowing and lending at fixed rates and fixed terms. With variable rate lending, DeFi can only serve a small segment of the crypto lending market because variable interest rates don’t provide the certainty that lenders and borrowers require. Notional fixes this by creating a true market for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors.

Right now, users can borrow or lend USDC & DAI for up to one year, and ETH & WBTC for up to six months from Notional's on-chain liquidity pools. With Notional's V2 upgrade, liquidity providers enjoy a low-touch experience, and no longer need to roll their debts to new maturities as it is done automatically through the use of nTokens, ERC20 tokens that represent a user's share of the liquidity pool.

Website: https://notional.finance Whitepaper: https://docs.notional.finance/notional-v2/ Twitter: https://twitter.com/notionalfinance Github: https://github.com/notional-finance/contracts

Project 2: Bancor V3 Bancor consists of a series of smart contracts that manage the on-chain conversion of tokens. The protocol makes it effortless and quick to convert tokens without having to go through an exchange. The protocol's smart contracts manage the liquidity pools that connect various tokens available in the network.

The major token used on the network is the “Bancor Network Token,” BNT. Currently, Bancor and Uniswap are the frontrunners for this new DeFi trend.

Official Website: https://bancor.network Blog: https://blog.bancor.network Whitepaper: https://docs.bancor.network Twitter: https://twitter.com/Bancor Github: https://github.com/bancorprotocol/

Here is some introduction about projects above in AladdinDAO’s Boule Research Meeting. https://www.youtube.com/watch?v=tQgdihBX8eY

Notional.finance Introduction https://youtu.be/iGNaRoMBavQ

Bancor V3 Introduction https://youtu.be/ioCm4CNcLhw

You may only cast one vote (either Yes/No/Neutral) for each project, otherwise it will be considered invalid. Only Yes and No votes will be counted as part of performance/rewards calculations.

Off-Chain Vote

Notional.finance Yes
111 46.4%
Notional.finance No
8 3.3%
Notional.finance Neutral
1 0.4%
Bancor V3 Yes
112 46.9%
Bancor V3 No
6 2.5%
Bancor V3 Neutral
1 0.4%
Download mobile app to vote

Timeline

Dec 03, 2021Proposal created
Dec 03, 2021Proposal vote started
Dec 06, 2021Proposal vote ended
Oct 26, 2023Proposal updated