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