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BadgerDAOBadgerDAOby0xa001B5639e4ed26dF58367016eB08850e3e556550xa001…5655

BIP 37: Treasury Diversification through Strategic Partnerships

Voting ended almost 5 years agoSucceeded

TLDR; Diversify a capped portion of the treasury to reputable groups committed to providing BTC liquidity and strategic resources, use assets to start a “Badger Backstop” Insurance Fund. This BIP creates a framework around how to approach strategic partnerships and maximize the benefit from any allocations made by these protocol participants.

Over a three month period, diversify a portion of Badger Treasury through strategic partnerships from a maximum pool of 4% of BADGER supply. Strategic allies will commit to deposit BTCs in Badger Setts. This will: Bring bear market sustainability, start a Badger Backstop Fund, and bring in Key Strategic Resources to support our continued growth.

Link to discussions: https://forum.badger.finance/t/bip-37-treasury-diversification-through-strategic-partnerships/3262

Off-Chain Vote

For
277.26K 96.9%
Against
4.44K 1.6%
Abstain
4.5K 1.6%
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Timeline

Feb 17, 2021Proposal created
Feb 17, 2021Proposal vote started
Feb 19, 2021Proposal vote ended
Oct 26, 2023Proposal updated