GDP #5: Binance Savings Program (October 2021)

Introduction The DIA core team proposes to launch a DIA Binance Saving Campaign where DIA holders on Binance can subscribe DIA tokens to earn interest, with the flexibility to redeem the funds at any time.

Context This proposal happens as an initiative by the core team to incentivise the DIA token holder community and create value for DIA long term for investors.

Solution The core team proposes to kick off a savings campaign on Binance to earn interest by subscribing DIA tokens. This would be a flexible savings campaign, meaning the funds subscribed to the program can be deposited and redeemed at any time. The proposed duration of the campaign is 1 year with a 1.5% APY. Learn more about Binance Saving Campaigns.

Benefits DIA holders on Binance have the opportunity to generate yield with their DIA tokens. This is not a locked campaign, meaning there is not a maximum amount of DIA tokens users can subscribe to the campaign.

Costs A tranche of the DIA Ecosystem Pool reserve will be allocated for this campaign, depending on the number of tokens subscribed to the campaign.

Risks We do not perceive significant risks with this proposal.