Proposal: Linear Finance Partnership & Synthetic Pie Listing

Summary This proposal is an invitation to the PieDAO to partner with Linear Finance and bring to market a PieDAO branded synthetic DeFi index to Linear.Exchange and further, to explore, discuss and present other opportunities that drive adoption and are mutually beneficial to both ecosystems.

Motivation & Scope As a cross-chain compatible synthetic assets protocol, Linear Finance strives to increase inclusiveness and democratize access to digital and traditional assets and with PieDAO on a mission to bring automated wealth creation to everyone with an internet connection, there lies a perfect opportunity to join forces and create a partnership between the two. The partnership will establish synergies that create easier and fairer access to managed portfolios for DeFi users across blockchains. Through a partnership and subsequent creation and listing of a synthetic DeFi index on Linear.Exchange users will be able to get access to a PieDAO managed portfolio on Binance Smart Chain and soon also Polkadot, while being able to trade in and out of portfolio positions at a low cost, without slippage and in size due to Linear Finance’s protocol architecture.

A partnership between PieDAO and Linear Finance for launching a PieDAO branded synthetic index on Linear.Exchange would mean:

1. PieDAO will compose and maintain a PieDAO branded synthetic index based on PieDAO DeFi Indexes.
2. PieDAO will provide Linear Finance the methodology used to create the index and provide updates if any changes are made.
3. PieDAO will provide Linear finance the data set with weightings in spreadsheet format in a timely manner on the 3rd week of every month, i.e. monthly rebalancing.
4. Linear Finance will list the index on Linear.Exchange and the price of the synthetic index will be based on data feed from Linear Finance oracle partners as there is no underlying.
5. Linear Finance will pay the PieDAO treasury a service fee of 0.1% of the monthly traded volume in USDT or 1,000 USDT if the index has less than 1 million in monthly traded volume.
6. Linear Finance & PieDAO will work together to promote the strength and institutional level research conducted by the PieDao team, the PieDao synthetic DeFi index on Binance Smart chain and any public blockchains that are used by Linear, the PieDao indexes on ETH Chain, and leverage respective communities to spread awareness of each ecosystem.
7. Linear Finance will commit marketing resources and dollars to spread awareness and promotion on all social media platforms and relevant media/PR agencies.
8. Linear Finance will commit to working together with PieDao on bringing other synthetic versions of PieDao’s assets (such as the NFT index). Looking forward; as more traditional and exotic assets are to be listed on Linear.Exchange in the upcoming months the team at Linear Finance welcome and support PieDAO to bake creative Pies out of its synthetics.

NOTE: In case of acceptance, a Technology Agreement will be made that stipulates the terms and conditions in detail.

Full proposal available at https://forum.piedao.org/t/linear-finance-x-piedao-partnership-and-synthetic-pie-listing/841

This snapshot vote is intended to formalise support for the above proposal: - YES votes in favour of the above - NO declines the proposal