Congruent DAO TAP-004 UST/LUNA/ANC

TLDR;

What are we proposing?

Whitelist the UST, LUNA and ANC, allowing Congruent to operate on Terra and utilize UST and ANC on Anchor protocol’s lending platform

What is the goal?

Diversify stablecoin holdings and deploy remaining idle treasury assets (~less than 5M) to generate yield (~19%) in a way that facilitates cross-chain exposure

What is the benefit to congruent holders?

Consistent treasury growth with minimal risk of depreciation.

The link to the pre-proposal: https://forum.congruent.fi/t/congruent-dao-tap-004-ust-luna-anc/95

Voting Details:

Minimum required quorum - 7% of circulating supply Minimum required voting to pass - 70% in favour Before wsGaas lock contract is available, users who hold wsGaas are able to vote.

The voting lasts for 72 hours. Yes - Stands for Agree No - Stands for Disagree