STARLAY Partnership

Please vote whether to "Accept ✅ " or to "Reject ❌" the following proposal:

Proposal: We are delighted to propose a partnership with STARLAY Finance, ASTAR’s onestop Lending platform, as the first proposal for our DAO’s investment.

Starlay is a lending platform that allows users to quickly and easily deposit/borrow tokens on top of the Astar Network.

Find out more: https://medium.com/@starlay_fi

After the completion of our minting, we will have a bootstrapped treasury. This partnership proposes that we invest $100k USDT worth of funds from our treasury into Starlay, and in return Astar Degens DAO will receive 0.5% of their total token supply.

From that total $LAY allocation Astar Degens would receive:

-0.25% that will go to Astar Degens Stakers (split proportionally to how many NFTs owned at the time of vested release). -The other 0.25% will go directly into the DAO treasury.

The Astar Degens NFT holders will receive an amount proportional to the amount of NFTs they hold.

The Astar Degens Core Team supports this initiative. We believe it may usher in a new era of NFT2Earn, as well as position our DAO with a robust, multi-asset treasury. Aligning nicely with both the Vision Statement and Mission Statement set forth by our community.

Vote:

✅ = Yes, I accept this proposal ❌ = No, I reject this proposal