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AladdinDAOAladdinDAOby0x561ADa4B0243F1d83dF80D1653E9F76E84128b0b0x561A…8b0b

Boule Plus: Voting on Lido & MIM

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: Lido Lido is a liquid staking solution for Ethereum. Lido lets users stake their ETH - with no minimum deposits or maintaining of infrastructure - whilst participating in on-chain activities, e.g. lending, to compound returns.

LDO is the native utility token that is used for:  1. Granting governance rights in the Lido DAO.  2. Managing fee parameters and distribution.  3. Governing the addition and removal of Lido node operators.

Website: https://lido.fi Whitepaper: https://lido.fi/static/Lido:Ethereum-Liquid-Staking.pdf Twitter: https://twitter.com/lidofinance Reddit: https://www.reddit.com/r/lidofinance Blog: https://blog.lido.fi Github: https://github.com/lidofinance Discord: https://discord.com/invite/vgdPfhZ Telegram: https://t.me/lidofinance

Project 2: MIM Abracadabra.money is a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD pegged stablecoin (Magic Internet Money - MIM), that can be used as any other traditional stablecoin. Currently, a lot of assets, such as yVaults have locked in capital that can't be put to further use. Abracadabra offers an opportunity to use it.

Official Website: https://abracadabra.money Whitepaper: https://docs.abracadabra.money Twitter: https://twitter.com/MIM_Spell Discord: https://discord.com/invite/wcsUNxYrFM Medium: https://abracadabramoney.medium.com

Here is some introduction about projects above in AladdinDAO’s Boule Research Meeting. https://www.youtube.com/watch?v=PotKfpzn1ig

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

Lido Yes
113 47.7%
Lido No
5 2.1%
Lido Neutral
2 0.8%
MIM Yes
111 46.8%
MIM No
4 1.7%
MIM Neutral
2 0.8%
Download mobile app to vote

Timeline

Nov 12, 2021Proposal created
Nov 12, 2021Proposal vote started
Nov 15, 2021Proposal vote ended
Oct 26, 2023Proposal updated