REX Bank Funding Stream
Background
Currently, the Bank is funded from the Treasury using ERC20 transfers. This process can be automated using Superfluid’s Continuous Flow Agreements. Opening a stream will keep the Bank funded without making manual ERC20 transfers once all funds have been borrowed.
Proposal
The proposal is to start streaming USDCx from the Ricochet DAO Treasury to the REX Bank contract at a rate to be determined by this vote.
The rate chosen will be the option that gets the most votes.
Off-Chain Vote
0 USDCx/month
0 0%
10K USDCx/month
0 0%
25K USDCx/month
49.63K 22.3%
50K USDCx/month
58.99K 26.5%
75K USDCx/month
113.62K 51.1%
100K USDCx/month
0 0%
Timeline
Dec 21, 2021Proposal created
Dec 21, 2021Proposal vote started
Dec 24, 2021Proposal vote ended
Oct 26, 2023Proposal updated