DAO Vote #1 BUSD Integration

Summary: In order to grow and diversify the GYRO treasury, this proposition seeks to integrate BUSD. BUSD is a commonly used and widely supported stablecoin, which by integrating, would enable the GYRO protocol to accumulate in its treasury. With a large treasury, GYRO will invest in other DeFi projects and negotiate partnerships from a position of strength.

Abstract: Integrate BUSD in order to increase and diversify the GYRO treasury.

Motivation: Grow and diversify the GYRO treasury.

Specification:

1. sGYRO voting where GYRO holders can vote on BUSD integration
2. Single asset bond for BUSD so users don’t need GYRO. Simply use BUSD to buy GYRO at a discount.
3. Use LP tokens like GYRO/BUSD from PancakeSwap to buy GYRO at a discount.

For:

• Integrating BUSD allows GYRO to diversify its treasury
• BUSD is a commonly supported asset.
• A large treasury empowers GYRO to invest in other DeFI Projects.
• A large treasury improves GYRO’s bargaining position when negotiating with other projects.

Voting: YES - to Integrating BUSD NO - to not Integrate BUSD