ProtoDAO: PIP-04 – Farming as a Service

Dear ProtoFi Community,

Welcome to our 4th governance vote!

We are here to let the community choose about the possibility of using the idle Fission Treasury to farm and increase its value.

Consider that, by farming and staking it, you will also accept another layer of risk given by other possible protocols' bugs (even if we will do a strong due diligence before investing the treasury's money).

In the options proposed you will see that we mention non-stable farming and more risky bets. This means, for example, that in a 50% non-stable/risky allocation we can farm/stake more than half of it in bluechip tokens like FTM, BTC, ETC and so on and in very safe protocols. Another % can also go through new and more risky protocols or more volatile pairs (an example could be to farm $SEX/FTM on solidex the day of the launch with very high APRs).

If you choose for a 50% - 50% alternatives, for instance, it means that the non-stable/degen part can be no more than 50% but it DOES NOT mean that it cannot be lower than that in the case we think there are no opportunities to take.

We will use a specific address to provide FaaS and we will announce it once the Proposal is over.

Here below the alternatives:

NO - I do not want FaaS mechanism implementation

YES – 50% Stablecoins farming + 50% non stable and more risky bets

YES – 70% Stablecoins farming + 30% non stable and more risky bets

YES – 80% Stablecoins farming + 20% non stable and more risky bets