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DEUS Finance DEUS Finance by0x83B285E802D76055169B1C5e3bF21702B85b89Cblafachief.eth

A DEUS improvement proposal to offset DEUS inflation

Voting ended almost 3 years agoSucceeded

Abstract The underlying idea and principle of this proposal are simple. The approval would allow the DEUS team to develop additional tools to use DEIs underlying backing to generate yield, offset DEUS inflation, generate additional surplus and bring the collateral ratio to 100% long term.

Intro Examples of similar implementations are plenty:

Frax’s CurveAMO/InvestorAMOs & https://sperax.io/

As soon as the DEUS team gets the approval, it would begin looking for options & implement the tools that could be applied in a decentralized way to use underlying USDC backing of DEI to generate additional protocol surplus

Profits would be used to:

pay off debt faster buyback DEUS to $250 bring DEIs collateral ratio to 100%

Full proposal can be fund here: https://lafayettetabor.medium.com/a-deus-improvement-proposal-to-offset-deus-inflation-e4ea1d7490af

Off-Chain Vote

Approve
57.18K DEUS100%
Reject
0.18 DEUS0%
Abstain
0 DEUS0%
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Timeline

Mar 04, 2023Proposal created
Mar 04, 2023Proposal vote started
Mar 06, 2023Proposal vote ended
Mar 24, 2025Proposal updated