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Bag.winBag.winby0xb3Ab3a2f58a7d91Fe3Dcf9ABAd53C0dD1603B847ryandg.eth

Give DG Team Discretion Over Yield Farming Strategy

Voting ended about 5 years agoSucceeded

Background

Per Proposal #QmYouTx, we allocate 50% of the Treasury to cover casino bankroll, 5% to player acquisition, 22.5% to ETH-$DG Uni-V2 LP, and 22.5% to yield farming.

Per Proposal #QmXSop6, the 22.5% allocated to yield farming will initially be held in DAI and placed in a Curve stable coin pool earning ~30% APY inclusive of CRV rewards.

Proposal

Going forward, give DG Team discretion over yield farming strategy for this 22.5% of Treasury, but require that these changes be announced to DG community.

Rationale

Giving the DG Team flexibility here enables better speed of execution given new potential yield generation opportunities arise frequently. A proposal would still be required to change the proportional allocation of the Treasury, and any changes to the strategy must be announced to the community.

Off-Chain Vote

YES
23.42K 93.2%
NO
1.71K 6.8%
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Timeline

Feb 19, 2021Proposal created
Feb 19, 2021Proposal vote started
Feb 24, 2021Proposal vote ended
Mar 03, 2025Proposal updated