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Rari Capital DAORari Capital DAOby0x167539702B5501aADd9B0B85E53532Fd57cC71a90xbakes.lens

Whitelist DeFi_Ted from PleasrDAO for The DOG PARK Pool #45

Voting ended over 4 years agoSucceeded

Summary

This proposal is to whitelist the DeFi_Ted as a pool creator, verifying the existing Dog Park Fuse pool, no ongoing whitelisting for new pools is required.

Background

I opened this pool to create a market for $DOG and $NFD holders to be able to access liquidity from their meme backed tokens.

PleasrDAO is the largest holder of $DOG tokens and would be a user of liquidity provided, including new projects like SnoopDAO that are accumulating $DOG and other meme backed tokens for charity distributions.

Current liquidity for $DOG is at $37Million https://geckoterminal.com/eth/pools/0xc96f20099d96b37d7ede66ff9e4de59b9b1065b1?utm_source=coingecko&utm_medium=referral&utm_campaign=livechart

Current Liquidity for $NFD is at $6.5Million across Uniswap and Sushiswap https://info.uniswap.org/#/pools/0xae91b3bc45379290d9e8ff8a633f34ad3101086b

https://geckoterminal.com/eth/pools/0xeefa3b448768dd561af4f743c9e925987a1f8d09?utm_source=coingecko&utm_medium=referral&utm_campaign=livechart

Links

Discord: https://discord.gg/MEGKFAAD

Token contract address : https://fractional.art/vaults/0xbaac2b4491727d78d2b78815144570b9f2fe8899

Motivation

PleasrDAO with the $DOG community as well as $NFD have been seeking an opportunity to to gain access to liquidity. Recently an opportunity for PleasrDAO to be involved in the ConstitutionDAO whereby Pleasr could borrow against their $DOG holdings to help fund an assault on the constitution. PleasrDAO and $DOG Treasuries would then have a source of yield against their owned tokens.

Having the pool whitelisted would allow the $DOG community to call on liquidity available in DeFi to help fund these types of greater opportunity plays.

For - Whitelist DeFi Ted and the Dog Park (Pool #45).

Against - Do nothing

Off-Chain Vote

For - Lets open the DOG PARK
2.43K 97%
Do Nothing
75.89 3%
Download mobile app to vote

Timeline

Nov 21, 2021Proposal created
Nov 23, 2021Proposal vote started
Nov 25, 2021Proposal vote ended
Aug 10, 2024Proposal updated