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CougarDAO LLCCougarDAO LLCby0xF42A16823bfc45daCBaeB95263B5C992B4143E12bloomlabs.eth

Leverage Cochise, AZ via DeFi

Voting ended almost 3 years agoSucceeded

One of the cornerstone financial value propositions of wrapping a real-world asset (RWA) in a token (ERCxx) is the ability to leverage it through DeFi platforms (e.g., Nftfi , Rigor finance, Abacus, and others).

I propose conducting an experiment to leverage the Cochise, AZ, asset and utilize the working capital to develop it into an income-producing entity.

Throughout this process, it would be beneficial to document the loan underwriting process and UX of leveraging a RWA through DeFi in its current state. We can then compare and contrast it with the UX of leveraging a similar RWA through traditional financial institutions (paper pushing , duplication for every lender, etc)

Maybe as we peel the layer on this experiment we end up with a golden tatter or not.

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Timeline

May 23, 2023Proposal created
May 23, 2023Proposal vote started
May 26, 2023Proposal vote ended
Oct 26, 2023Proposal updated