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KogeCoinKogeCoinby0x086f0f5D2cec81f9fd69332A2aAc8872188FDd8Dgamblingdegenerate.eth

Performance Fee Investing

Voting ended over 4 years agoSucceeded

This is a proposal to gather DAO sentiment towards the idea of implementing an investment plan for collected and future performance fees until they are used for a DAO determined purpose.

The DAO could invest passively by being exposed to the market price of Matic or Ethereum or another form of larger cap crypto through conversion to that asset, or, could invest into Stable Coin Farms such as the Iron or Curve stable coin vaults on Kogefarm.

We could also invest the performance fees into Degen Farms or into specific projects the DAO determines - one suggestion by this author is to look into underwriting on RiskHarbor.

Off-Chain Vote

Invest in Farm - CRV
1.81M 65.6%
Convert USDC to ETH
129.71K 4.7%
Convert USDC to BTC
21.22 0%
Invest in Degen Pools
0 0%
Convert USDC to MATIC
0 0%
Invest in Farm - IRON
395.02K 14.3%
Leave as USDC, No investing
100.79K 3.7%
Underwrite on Risk Harbor
323.43K 11.7%
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Timeline

Aug 10, 2021Proposal created
Aug 10, 2021Proposal vote started
Aug 14, 2021Proposal vote ended
Nov 04, 2025Proposal updated