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YGG League of KingdomsYGG League of Kingdomsby0xE1C49BEca9cf0489426F53e914F1D98987866Ee1fallencorpsez.eth

Use YGGLOK earnings to buy YGG Token during July 27th ICO

Voting ended over 4 years agoSucceeded

YGG earnings fund now holds 472.62 USD in cDAI and 751.26 USD in DAI in our YGGLOK wallet. That is 1223.88 USD total in 5 months thanks to the hard work of YGG0/YGG1 members.

This amount is still too low to be worth distributing to YGGLOK holders and the rewards system for YGG0/YGG1 players is still in development.

I am proposing that we convert all current holdings to USDC so we can use all current holdings to purchase YGG token during their IPO on July 27th, 2021.

Full info in link below if you have not read YGG token sale medium article or white paper.

https://yieldguild.medium.com/announcing-the-ygg-token-sale-on-miso-by-sushiswap-b49350eff243

YGG will only have one IPO and this is a chance for YGGLOK holders to add some YGG tokens to YGGLOK earnings fund at earliest public price. This should help the fund grow much faster and provide some diversification in the fund portfolio.

We will still put future land earnings after YGG IPO into compound unless another proposal is put forth and passes.

Off-Chain Vote

Yes
23K 100%
No
0 0%
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Timeline

Jul 07, 2021Proposal created
Jul 08, 2021Proposal vote started
Jul 15, 2021Proposal vote ended
Oct 26, 2023Proposal updated