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Atrium DAOAtrium DAOby0xf79B6766C1A06aAcef0D86251d805fd67b9e691fripdaoavax.eth

Trasury Reallocation - Memes to AVAX for Salvor Lending

Voting ended almost 2 years agoSucceeded

We have about $1000 in meme coins single sided staked on trader joe from our NFT treasury airdrops and payouts.

I am putting up a vote to participate in Salvor lending during their incentive program. I am proposing selling all meme coins to AVAX and then lend to the Ripperz pool on Salvor to earn interest and points for doing so.

Due to Salvor's requiring of signing, the multisig cannot use it so the funds would move to Wrathtank's signer wallet for the multisig 0xf79B6766C1A06aAcef0D86251d805fd67b9e691f. We would leave 1 avax in the multisig for gas.

Any Ripperz we gain from defaulted loans would be used for marketing giveaways etc. like the RIPTOBER event.

Screenshot 2024-05-18 101851.png

Off-Chain Vote

Yes (Salvor lending, sell memes)
43 RIPDAO79.6%
No (Stay staked on Tjoe)
11 RIPDAO20.4%
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Timeline

May 18, 2024Proposal created
May 18, 2024Proposal vote started
May 20, 2024Proposal vote ended
Apr 08, 2025Proposal updated