GIP-26: Should "Open market FIDU purchases with USDC reserves" proposal be approved?
Goldfinch should use a portion of its USDC reserves to purchase FIDU tokens on Curve while they are trading at a discount to NAV. This will have the dual purpose of signaling strength in the protocol to other participants while also capturing a unique opportunity to grow reserves for future projects & needs.
Proposal discussion: https://gov.goldfinch.finance/t/gip-26-open-market-fidu-purchases-with-usdc-reserves/1209/1
YES: Allocate a specific amount of protocol USDC reserves for regular open market Curve buys of FIDU if purchase conditions are met.
No: No allocation of reserves
Off-Chain Vote
Timeline
Oct 03, 2022Proposal created
Oct 03, 2022Proposal vote started
Oct 06, 2022Proposal vote ended
Oct 26, 2023Proposal updated