ESD Partnership Initiative

As per the blogpost published by Lewis Freiberg, this snapshot vote is to signal support for the partnerships initiative.

Overview

The protocol would incentivise the partners to integrate ESD into their offerings for use as a stable instrument and in returns we allocate the partner an amount of ESDS to be vested for 4 years. This would stimulate creation of cESD for use in protocols, which in-turn provides capital for the reserve to earn interest on and return value back to the ESDS holders.

Specifics

This vote is just to signal interest and advertise to other protocols that our community is welcoming to proposals. Any mints or inflation would be handled on a case by case basis and put to a vote by the community.

Note: this vote does not create any actions in the ESD Treasury. It is just used to signal community support for the proposal.