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GivethGivethby0x180807315E398f351C1d2C0d5C777486Ed5494520x1808…9452

Should we spin off both the sEURO/DAI and sEURO single stacking Farms on Giveth Regen Farms?

Voting ended over 3 years agoSucceeded

The Standard DAO is interested in spinning up a RegenFarm. In this post, I will outline the details of their DAO & the RegenFarm they want to launch.

Intro to TheStandard.io The purpose and vision of TheStandard.io is “a decentralized and open monetary system controlled by people, not by banks.” Here is their Twitter and the token ticker of two coin token economics with $TST and sEURO on Etherscan. The membership token (TST) and the stablecoin (sEURO) haven´t been traded on secondary markets yet. TheStandard.io are aiming to make TST and sEURO available on Uniswap 3.0 via the IBCO (Initial Bonding Curve Offering).

The Standard DAO Our DAO is aiming to be the governance model for the Standard Protocol with voting power on the following decisions:

Changes in the technical features of the Standard Protocol Suggestions, onboarding, and offboarding of ecosystem partners Management, allocation, and transparent reporting of the Standard DAOs treasury Execution power of emergency shut-downs of the Standard Protocol Create proposals for the general improvement of the Standard Protocol Our DAO will replace the traditional monetary system by mirroring every fiat currency in the world with stablecoins, which are over-collateralized by hard and soft assets (ETH/BTC and Tokenized Gold). Our monetary system is decentrally owned by the people, not by banks.

Net Positive Externalities: The Standard DAO will revolutionize the monetary system by using the Standard Protocol to mirror every fiat currency in the world beginning with sEURO, which is owned by people, not by banks or other central authorities.

Offering a decentralized alternative pegged to local fiat currency is a great way to onboard people into the web3 space and open a door for them to take advantage of all the web3 opportunities.

RegenFarm Details (two options): (1) They want to spin up a sEURO/USDC or ETH or DAI Univ2 RegenFarm on Mainnet. They are interested in supplying 68ETH-worth of sEURO to reward their liquidity providers. The $5k + 2% for donation-eth & our liquidity multisig would come out of that 68 ETH Proposal Process on theStandard.io 1 side.

(2) They want to spin up an sEURO single staking RegenFarm on Mainnet. They are interested in supplying 68ETH-worth of $TST to reward their liquidity providers. The $5k + 2% for donation-eth & our liquidity multisig would come out of that 68 ETH proposal process on TheStandard.io 2 side.

DAO Governance Process The Standard DAO has established its community within Discord and other social media channels. Now we are looking into options to add DAO governance options to the Discord channels to start with the first DAO interactions. At the moment the decision has been made by the co-founders’ team to gain more traction for theStandard.io.

Here you can raise further questions: https://forum.giveth.io/t/create-a-regenfarm-with-giveth-and-thestandard-io/803

Off-Chain Vote

Yes lets do both.
2.05M GIV100%
Let's do only the sEURO pair
0 GIV0%
Let's do only the sEURO single
0 GIV0%
I don't think we should spin off
0 GIV0%
Quorum:205%
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Discussion

GivethShould we spin off both the sEURO/DAI and sEURO single stacking Farms on Giveth Regen Farms?

Timeline

Oct 04, 2022Proposal created
Oct 05, 2022Proposal vote started
Oct 12, 2022Proposal vote ended
Oct 26, 2023Proposal updated