Utilizing Treasury Idle Funds for Liquidity Mining at DODOex

Proposal Type: Core

Creator: Wilson Duarte Relic Type (Optional): Archmage

Overview: This proposal aims to deploy MetaBrands idle funds on DODOex. The goal is to generate additional income by liquidity mining DODO governance token. This method might require active management in order to sell the rewarded token from time to time under favorable conditions to avoid moments of high network demand. However, that might not always be the case. If the capital is not necessary right away, the earned token can be added to the treasury till upside momentum.

Additional Details: Expected APR will vary from 15% (mining APR) to 22% (+trading fee APR). Considering the low case APR for $50,000 applied in the farm within 30 days, that would yield $ 625.

Multsing treasury singers need to perform the following steps: 1- Provide Liquidity pairing USDT-DAI. 2- Stake LP token.

Protocol selection criteria: -Audited -Resilient (Proven & Reliable Track Record) -TVL/Liquidity

Timeline: Immediately

Bounty/Payment: a. Amount of total MAGE tokens requested -700 MAGE b. If requesting a deposit or down payment to start, include the requested amount -No down payment c. Payment per Phase or Milestone -Milestone, only if the treasury is profitable upon return of the funds

Receiver: inPlanB (0x14b0aEbd502B40f4881805C2396f415eeFF73F51)

Final Notes: The investment scope is $ 50,000 USDT. The invested amount will be monitored using DeBank app provided in this file. https://docs.google.com/document/d/1Dnj5iEDKorwW_ta2dVEJoXmEqexxvoOrYLjEsZat-cY/edit?usp=sharing