Boule: Listing Risk Harbor & NAOS Finance

Liquidity Curation through Big Brains As a group of world class experts in DeFi, the AladdinDAO Boule are responsible for identifying and voting the most promising DeFi projects and enabling AladdinDAO community members to enjoy the returns of their liquidity mining programs.

Voting Mechanism Any project can apply to be listed on AladdinDAO. However the project needs to be nominated by at least one boule member to initiate voting process.

Boule members vote through ALDVOTE. They can either upvote, downvote or be neutral to a project.

For any project to be listed on Aladdin for liquidity mining, they must fulfill at least one of the following criteria:

1. Over 50% of boule members vote and a majority of the votes are “Yes”.
2. The percentage of “Yes” votes is 20% more than the percentage of “No” votes.

These criteria ensure that sufficient consensus can be achieved, given the high costs associated with listing new projects. They also prevent potential attacks and collusions during the voting process.

Since 31 OCT 2021, if boule think they don’t have enough information about the project or if they are neutral to the project, a neutral vote is added to the yes or no vote. Neutral votes will not be used to calculate boule member performance.

Here is the details about the new change: https://snapshot.org/#/aladdindao.eth/proposal/0x85ddf0750dee14e450f10ea2e44645dd382b04f42daf5bb49e6647b0d5906fc2

Veto Decision overturn: If any boule member strongly disagrees with the Boule’s decision, they can call for a vote by all ALD token holders. A decision can be overturned if the below conditions are met:

1. A quorum of over 20% circulating token holders participating
2. Over 51% agreement

Project 1: Risk Harbor Risk Harbor is a risk management marketplace for decentralized finance (DeFi) that utilizes a completely automated, transparent, and impartial claims process to protect liquidity providers and stakers against smart contract hacks and attacks

Website: https://www.riskharbor.com Whitepaper: https://github.com/Risk-Harbor/RiskHarbor-Whitepaper/blob/main/Whitepaper.pdf Twitter: https://twitter.com/riskharbor Medium: https://medium.com/@riskharbor Discord: https://discord.com/invite/7aAC4p6vsr Instagram: https://www.instagram.com/risk.harbor/

Project 2: NAOS Finance NAOS Finance facilitates DeFi lenders and SME borrowers to allow both parties to interact in a permission-less manner on the blockchain. We enable the origination and funding of loans without traditional intermediaries. NAOS Finance provides lenders with stable and recurring income streams while also connecting the on-chain world with much bigger off-chain opportunities. Ultimately, our goal is to fully automate the tokenization of real-world assets and make them available as part of the end-to-end lending process through NAOS Finance.

Official Website: https://naos.finance Whitepaper: https://medium.com/naos-finance/introducing-naos-finance-75d3e3a1b0ab Twitter: https://twitter.com/naos_finance Discord: https://discord.com/invite/rRaPwCVTaA Medium: https://medium.com/naos-finance Github: https://github.com/NAOS-Finance Telegram: https://t.me/naos_finance

Here is some introduction about projects above in AladdinDAO’s Boule Research Meeting. https://www.youtube.com/watch?v=-x48bSO_iQY

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.