QIP039: Seed Green Leverage Locker with MAI

This proposal is to decide on whether to seed 1M MAI from the DAO into Market.xyz’s Green Leverage Locker market.

Link to market: https://polygon.market.xyz/pool/5

Seeding this market would have QiDao enter into the heart of the green initiative on Polygon and the greater crypto ecosystem. It will also unite the QiDao community with the Klima community, bringing positive network effects to both.

QiDao will strive to maintain competitive borrowing rates for MAI by managing the supply of MAI in this market.

Motivation

• Promote green initiatives in crypto
• Introduce new audiences to MAI
• Continue strong relationship with Market.xyz

Quorum Standards

The option with the most votes will be adopted.

Options

• Seed the market
• Further discussions needed