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Lodestar FinanceLodestar Financeby0x49370Ba303b24E0b54dE6A54a4C6d3Bf2e9E57000x4937…5700

$LODE deployment on Impermax

Voting ended almost 3 years agoSucceeded

This is a proposal to deploy 25 000 $LODE (twenty-five thousand LODE tokens) on Impermax.Finance, to initiate the LODE market and allow leverage yield farming on the ETH-LODE pair, deepening the LODE liquidity while creating a single-sided staking opportunity for LODE holders.

The DAO will keep custody of the funds deposited in the smart-contract, earning interest on the deposit while allowing the community to leverage their LODE farming.

Impermax is a cross-chain, permissionless, decentralized lending protocol where users can participate as lenders or borrowers in isolated lending pools.

To read more about Impermax: https://docs.impermax.finance/ Security audit: https://docs.impermax.finance/getting-started/code-audits

Vote YAY to deploy 25 000 $LODE on the Impermax platform and allow for leverage yield farming Vote NAY if you are against

Off-Chain Vote

Yay
146.49K LODE99.8%
Nay
269.32 LODE0.2%
Quorum:14676%
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Timeline

Feb 09, 2023Proposal created
Feb 09, 2023Proposal vote started
Feb 11, 2023Proposal vote ended
Oct 26, 2023Proposal updated