• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
SQUID DAOSQUID DAOby0x66Ce6cEa1C23bF0694828D65Fa536ceF727E07d3cercephla.eth

ETH--LUSD--B.Protocol

Voting ended over 4 years agoSucceeded

TLDR: ETH-->35%--->LUSD on liquitiy LUSD--->stability pool to earn ~15% (LQTY/ETH)

  1. LUSD can go in via liquidty
  2. LUSD can go in via BProtocol and gain, RT or our T, announce this to B.Pro community, and an ask of Liquity to do the same
  3. LUSD can go in via Pickle for fully hands off. Same B.Pro marketing.. and I will talk to Larry the Cucumber to get Pickle to tweet.

---------------OVERVIEW

BPro provides a backstop for protocols that need liquidations. One of the projects they are partnered with is Liquity (LUSD)

Squid could: Use ETH on Liquity to mint LUSD (say, 35% of the value) (this will be a CDP and will require monitoring to avoid liquidation)

The borrowed LUSD can be put into Liquity's Stability Pool (SP) to provide LUSD for their internal liquidation process.

LUSD in the SP will earn $LQTY at around 15% depending on market conditions.

---------------HOWEVER

  1. LUSD can go in via Liquity (This will require harvesting of LQTY and ETH earned from our LUSD being used to liquidate positions.)

  2. LUSD can go in via B.Protocol and gain, a retweet of our announcement tweet, announce this to B.Pro community, and an ask of Liquity to do the same. (This will autocompound the ETH earned so that it is used to earn more LQTY. LQTY will need to be manually harvested)

  3. LUSD can go in via Pickle for fully hands off. Same B.Pro marketing.. and wen can talk to Larry the Cucumber to get Pickle to tweet. (This will be fully autocompounding the LUSD)

---------------UNWIND

We can use any LQTY to purchase more ETH We can use any excess LUSD to purchase more ETH

---------------BONUS

CRE8R DAO would: This proposal was brought by Ceazor. His marketing DAO has a relationship with B.Pro and if choice 2 or 3 are chosen. His DAO will produce some marketing content regarding this collaboration.

---------------HOW MUCH ETH Assuming ETH = $4114.82 Assuming we borrow 35% of the value

IF we put ----we have LUSD farming

100ETH----$144,018.70 200ETH----$288,037.40 300ETH----$432,056.10

Off-Chain Vote

Liquity
2 40%
B.Pro
0 0%
Pickle
3 60%
Don't do any of this
0 0%
Download mobile app to vote

Timeline

Dec 04, 2021Proposal created
Dec 04, 2021Proposal vote started
Dec 07, 2021Proposal vote ended
Oct 26, 2023Proposal updated