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Nation3 DAONation3 DAOby0xEf736f0036647A1B6828c92A9fEe27a6DDC2B250anastasiyab.eth

N3GOV-25: Amend prevailing variables to secure Solar Guild funding

Voting ended over 3 years agoSucceeded

As the market conditions continue to change at a very fast pace (including the requirements posed by lenders), the Meta Guild requests to amend the constraints of the fundraise for Solar Guild (original proposal can be found here and amendment here), whereby these two parameters would prevail over previous proposals:

  • the Meta guild will raise up to 370,000 USDC loan for Solar Guild funding
  • the Meta guild can offer up to 500% collateralisation ratio (or 2573 $NATION, whichever is higher) at its discretion, to secure the funding.

The adherence to the North Star Metrics remains the same as in the original proposal - this is just a modification of variables to enable the Meta Guild to execute it.

This is the pull request on the governance repo with the actual proposal.

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40.15 veNATION100%
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0 veNATION0%
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Discussion

Nation3 DAON3GOV-25: Amend prevailing variables to secure Solar Guild funding

Timeline

Dec 12, 2022Proposal created
Dec 12, 2022Proposal vote started
Dec 14, 2022Proposal vote ended
Oct 26, 2023Proposal updated