BIP-16: BitDAO - Greater Participation in Decentralized Stable Assets
Who is involved? Continent DAO and MakerDAO Growth Core Unit.
To promote greater decentralization and stability for the BitDAO treasury, this proposal has the following main objectives:
● Decentralization of stable assets. ● Generating Revenue. ● Security. ● More use cases ($BIT).
New progressive allocation of stablecoins in BitDAO treasury:
$USDT = $73,912,371 $USDC = $137,975,009
$DAI = $100,000,000 $LUSD = $30,000,000 "POOL" = $70,000,000
Read the full proposal here: https://docs.google.com/document/d/1AVjpMrv5Zd1y8t9f-hS39ZH9Pm-8tkYA/
See our track record here: https://discourse.bitdao.io/t/archive-bitdao-greater-participation-in-decentralized-stable-assets/3114
Off-Chain Vote
Yes
244.91K BIT0.5%
No
45.05M BIT99.5%
Timeline
Dec 09, 2022Proposal created
Dec 09, 2022Proposal vote started
Dec 18, 2022Proposal vote ended
Oct 26, 2023Proposal updated