Introduction The Mojomix DAO is gathered to vote on the improvements proposed on the last quarterly report, denominated Mojomix Improvement Proposal #7, or simply MOJOIP#7
For the full video explanation please see
English: https://www.youtube.com/watch?v=sDNB4iE39VU&feature=youtu.be Spanish: https://www.youtube.com/watch?v=ha9c_zt3yNY&feature=youtu.be
CONTEXT Due to the recent change in market sentiment, especially related to the recent regulated ETF approvals and possible future ones, we propose the following portfolio, to be achieved in phases over the next 90 days:
33% stETH 33% WBTC 33% SOL Rebalance based on a +/- 10% corridor to keep the equal weight split
The risks associated with the new strategy are mostly related to asset volatility and relative price movement.
Despite the strategy update, the long term objective of the vault strategy remains unchanged, which is to generate a performance higher than simply “holdling” BTC.
VOTE TYPE The vote type is simply YES/NO/ABSTAINED
DEADLINE The deadline for submission of your vote is Friday 31 May 2024, 23:59
HOW TO Connect your wallet to this Snapshot Space Join the Mojomix DAO space Select the desired answer Validate by signing the transaction with your metamask (gas free) Voting power is equivalent to the % of ENZF tokens held in your wallet relative to the overall token emission.
OUTCOME The outcome of this decision will be determined by the simple majority at the end of the given voting period. 51% is required in order for the proposal to get ratified.
IMPLEMENTATION If approved, the implementation of MOJOIP#7 will take place during the first week of June 2024.