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mStable DAOmStable DAOby0x908DB31Ce01DC42c8B712f9156E969bc65023119mzeronine.eth

dHEDGE DHT Rewards Claim & Stake

Voting ended over 4 years agoSucceeded

The DTOP tokens the mStableDAO treasury currently holds earn DHT rewards, which is the native governance token of dHEDGE. It is proposed that whilst we hold DTOP that we claim and stake the accumulated DHT on a quarterly basis, starting from the end of this month. Claiming and staking further boosts our yields, so it is in our best interest to do so.

This proposal seeks approval to continuously claim accumulated DHT from the performance mining and staking contract and consequently compound these rewards in the DHT staking contract on a quarterly basis starting from the end of June 2021 until the process significantly changes on the side of dHEDGE, or the mStableDAO proposes a change in this workflow.

Since the operation is rather simple in nature, and no other risk to the position is given other than basic smart contract risk, no further proposals will be necessary to continue this operation, and the Cat Herder will keep track of timely execution of this workflow moving forward as to not miss any claim operation in the following months.

Should we claim accumulated DHT from the performance mining & staking contract of dHEDGE & compound these rewards into the DHT staking contract on a quarterly basis until further notice?

Off-Chain Vote

Yes, claim & stake rewards
10 100%
No, do not claim & stake rewards
0 0%
Abstain
0 0%
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Timeline

Jun 23, 2021Proposal created
Jun 24, 2021Proposal vote started
Jun 30, 2021Proposal vote ended
Oct 26, 2023Proposal updated