BIP#30: DAO Treasury to Manage BendApeStaking V2 (Pool-based Staking)

Snapshot

This proposal suggests DAO Treasury Manage BendApeStaking V2 (Pool-based Staking).

Background

According to the rules of community governance:

• Phase 1: Idea
  • Minimum number of supports: Pass
  • Discord Idea: https://discord.com/channels/897709643948761148/1103154962969661530
• Phase 2: BIP
  • Minimum number of voters: Pass
  • BIP#30: https://governance.benddao.xyz/t/bip-30-dao-treasury-to-manage-and-support-bendapestaking-v2-pool-based-staking/463
• Phase 3: On-chain voting
  • Voting Quorum: Approximately 80M veBEND (20% of the total supply)
  • Pass Rate: Over 80% Approve
  • The voting will last for 7 days.

Summary

In light of recent developments and the imminent launch of BendApeStaking V2 which is a pool-based staking solution, a more clear financial structure is proposed to ensure greater efficiency and effectiveness in operation and growth strategy.

Management and Support for BendApeStaking V2 (Pool-based Staking)

V2 will maintain the management approach of V1, but with the addition of an expenditure for marketing. The auditing costs, GAS for auto-compounding, marketing expenses, and future revenues will be managed by the treasury. This streamlined approach will ensure a more unified allocation of resources and an optimized distribution of funds.

DAO Treasury

Expenditure:

• Security Audit The audit report by Verilog is in progress. Verilog has issued 4 audit reports for BendDAO.
• Auto-compounding GAS The GAS for the auto-compounding is proposed to be supported by the Treasury. There will be 0 GAS for stakers for auto-compounding.
• Marketing For the first 3 months of the launch, allocation of $30K as the marketing budget.

1. Collaboration with NFT communities;
2. Collaboration with 3rd party for updates release;
3. Offline NFT-featured activity sponsorship.

Revenue**:**

• 4% pairing service fee

Dev Team

Responsibility:

• Contract development and deployment
• Front-end deployment
• Back-end development
• UI & UX
• Maintenance and upgrades

Revenue: N.A.

By consolidating these funds under the treasury's purview, this proposal can help to improve operational efficiency, strengthen BendDAO community, and solidify BendApeStaking V2's position in the market.