BIP 50: Add 0confirmation to BadgerDAO Annexe

Voting ended almost 5 years agoSucceeded

TLDR; 0confirmation joins the Badger Annexe. BadgerDAO will make an investment of ~$1m into 0confirmation, help with full production launch of 0cf Swap, assist with DAO transition, and bootstrap execution of long-term roadmap. BadgerDAO and its community will gain a significant stake in 0cf DAO upon its launch.

High-level deal terms

$450,000 USDC + $50,000 wBTC (use 7 day twap price) to 0confirmation
- 100% immediately available
$450,000 in bBADGER + $50,000 in bDIGG (use 7 day twap price) to 0confirmation
- 100% locked for 12 months

Details in Forum. Link to discussions: https://forum.badger.finance/t/bip-50-add-0confirmation-to-badgerdao-annexe/4129/65?u=defifrog

Off-Chain Vote

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386.43K 98.1%

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4.35K 1.1%

Abstain

3.02K 0.8%

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Timeline

Apr 05, 2021Proposal created

Apr 05, 2021Proposal vote started

Apr 07, 2021Proposal vote ended

Oct 26, 2023Proposal updated