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BDollar.FiBDollar.Fiby0x00008051a77eBC7e04ACe5b8d268D93EEA82fe900x0000…fe90

BDOIP04 - bDollar Improvement Proposal 04 (DAO Fund & bVault incentive & MKT)

Voting ended about 5 years agoSucceeded

Motivation:

The DAO fund has proved its efficiency to help the BDO price back to $1 peg in the last two contractions. However, as the project is growing rapidly, we need to strengthen the DAO fund to help stabilize the BDO price better and, fund operations of the project.

bVaults is newest released products of bEarn.Fi eco. It is the first and most advanced yield-farming aggregators on BSC that generate yield based on opportunities present in the market automatically. The‌ ‌focus‌ ‌of bVaults is ‌to‌ benefit users by reducing gas costs and focus on returning maximum profit to depositors.

We keep at least 1% of bVaults profit to buy back $BDO; which will be burned or being sent to Boardroom or being split to do both (we will call another vote for it).

Proposal:

Apart from the existing 20% newly minted BDO during the expansion: sends 15% to the Community DAO Fund; 3% to incentivise bVaults stakers; and 2% to bDollar Marketing Fund.

We propose the community vote FOR, and all the qualified voters are LPs at sBDO/BUSD pool and Boardroom's stakers.

A. 80% left for Boardroom

  • 15% of minted BDO for DAO fund;
  • 3% of minted BDO for bVaults incentive;
  • 2% of minted BDO for Marketing activities;

B. No change (90% left for Boardroom - 10% for DAO fund)

Off-Chain Vote

A. Yes (80% + 15% + 3% + 2%)
1.22K 77.1%
B. No (90% + 10%)
364.44 22.9%
Download mobile app to vote

Timeline

Feb 02, 2021Proposal created
Feb 02, 2021Proposal vote started
Feb 04, 2021Proposal vote ended
Oct 26, 2023Proposal updated