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r/datadaor/datadaoby0x0000053AAd26AE191180ee74AE6CDcc9BF87ACa20x0000…ACa2

Approval for Migration to VANA Mainnet and Participation in VANA’s Data Liquidity Pool (DLP)

Voting ended over 1 year agoSucceeded

Summary: rDataDAO must migrate to VANA’s mainnet to participate in VANA’s Data Liquidity Pool (DLP). This migration will enhance our operational efficiency and integration with the broader VANA ecosystem while providing strategic resources such as marketing support, ecosystem grants, and liquidity options. This proposal seeks to approve the migration to VANA’s mainnet and formalize participation in the DLP.

Background: VANA’s DLP incentivizes participation by providing liquidity for data assets, marketing assistance, and access to ecosystem grants. Migrating to VANA’s mainnet is a prerequisite for participating in the DLP, aligning rDataDAO with VANA’s technical infrastructure and bringing operational advantages. This participation and migration align with VANA’s broader incentive structure, as detailed in VANA’s documentation on incentives, found here https://docs.vana.org/vana/core-concepts/key-elements/incentives.

Proposal: Approve the migration of rDataDAO to VANA’s mainnet. Approve rDataDAO’s participation in VANA’s Data Liquidity Pool (DLP) following the migration. Leverage VANA’s resources to increase visibility, improve data sales, and explore potential funding opportunities.

Rationale: Participation in the DLP will provide liquidity and strategic support, strengthening rDataDAO’s market presence. Migrating to VANA’s mainnet will solidify our technical foundation and enable better engagement with the ecosystem, benefiting both the DAO’s operations and its members.

Budget: No immediate budget impact; potential for ecosystem grants through VANA’s DLP and benefits from improved integration.

Next Steps: -Initiate the migration to VANA’s mainnet, coordinating with their technical team. -Formalize our participation in the DLP. -Engage with VANA’s team to begin utilizing liquidity and operational resources.

Off-Chain Vote

Approve
1.33M RDAT96.7%
Reject
45K RDAT3.3%
Quorum:137955520%
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Timeline

Oct 24, 2024Proposal created
Oct 24, 2024Proposal vote started
Oct 27, 2024Proposal vote ended
Oct 27, 2024Proposal updated