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PieDAOPieDAOby0xaBf26352aAdAAa1CabFfB3a55e378bac6BF15791dexbank.eth

[PIP-59bis] $PLAY Assets inclusion/removal

Voting ended over 4 years agoSucceeded

Rationale Further to the acceptance of the $PLAY Prospectus as of PIP-59, all underlying assets included in $PLAY were assessed in light of the newly voted criteria for inclusion. Similarly, additional assets proposed by the community overtime to be included in $PLAY were assessed to highlight their alignment to the voted criteria.

Analysis is available here https://docs.google.com/spreadsheets/d/1xdqw1xW0-zLNfYIlaxBwHV6TnwNVeoOeItJSWXpXPUg/edit#gid=957544217

Full discussion is available here https://forum.piedao.org/t/pip-59-play-metaverse-index-prospectus/977/7

Assets currently included in $PLAY but NOT fully meeting the criteria

  1. $RARI - Rarible: -> No formal audit performed on the token, which slightly deviates from the ERC20 standard, being pausable. Despite of this, token seems broadly accepted and included in all indices tracking the Metaverse space.

  2. $ATRI - Atari: -> Un-sufficient liquidity on DEX (approx $200k scattered among UNI v2 & v3). -> No formal audit found on the token -> Token is not fractionable by design (ERC20 with 0 decimals). This issue was so far mitigated by employing a wrapped version of the token ($wATRI), which anyhow creates complexity when buying tokens through the recipe for minting new $PLAY, since only integer units should be bought.

NEW Assets proposed to be included in $PLAY since fully meeting the criteria

  1. $ILV - Illuvium https://www.illuvium.io/
  2. $AUDIO - Audius https://audius.co/
  3. $ERN - Ethernity Chain https://ethernity.io/
  4. $GALA - Gala Games https://app.gala.games/

Through this vote you are called to express your preference on each of the assets mentioned above, regarding: a) its REMOVAL from $PLAY at first rebalancing, for each asset currently part of $PLAY but not satisfying all criteria b) its INCLUSION in $PLAY at first rebalancing, for each asset proposed by the community which meets the inclusion criteria

All applicable preferences should be selected (multiple choices).

Off-Chain Vote

$RARI - REMOVE
56.48K 0.6%
$RARI - KEEP
1.56M 17.7%
$ATRI - REMOVE
1.44M 16.3%
$ATRI - KEEP
40.33K 0.5%
$ILV - INCLUDE
1.39M 15.8%
$ILV - NOT Include
61.6K 0.7%
$AUDIO - INCLUDE
1.36M 15.4%
$AUDIO - NOT Include
130.65K 1.5%
$ERN - INCLUDE
919.73K 10.4%
$ERN - NOT Include
534.57K 6.1%
$GALA - INCLUDE
1.26M 14.3%
$GALA - NOT Include
68.48K 0.8%
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Timeline

Sep 02, 2021Proposal created
Sep 02, 2021Proposal vote started
Sep 06, 2021Proposal vote ended
Oct 26, 2023Proposal updated