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PancakeSwapPancakeSwapby0xd660B7fe7bA98ea5f760Ad099Ce6Ef49D67830700xd660…3070

Rug pull insurance.

Voting ended over 4 years agoSucceeded

Quite simple

Allocate some of the cake or bnb into a insurance pool in the event that a project listed gets rug pulled. So in the event a project is asking for $5million and there is no performance afterwards or price tanks because of a rug pull then access the funds to refund backers. You can start with 25% loss recovered. You can use voting to increase or decrease this amount, You can also vote whether projects are insurable .

Off-Chain Vote

Yes, I want insurance on new projects
1.5K 41.8%
No, I don’t care about being rug pulled
2.09K 58.2%
Download mobile app to vote

Timeline

Nov 02, 2021Proposal created
Nov 02, 2021Proposal vote started
Nov 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated