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SpiritSwapSpiritSwapby0x8eB9da111684294F6d57C8C400c71D33e12218000x8eB9…1800

Fantom House Partnership Proposal - Decentralized Betting Platform that Provides Utility

Voting ended over 3 years agoSucceeded

Hello, I am writing this proposal on behalf of Fantom House for a partnership between Spiritswap and Fantom House.

Fantom House is a decentralized betting platform where ANYONE can be the House by simply depositing into the protocol.

We provide stablecoin pools where anyone can deposit (DAI Pool on FTM chain. https://fantom.house/daiflip)

However, what I am proposing is to list $Spirit token as a betting currency at Fantom House. NO set-up fee. NO setting up own chainlink vrf subscription. 50/50 Odds, truly fair and transparent, powered by chainlink vrf.

Currently, EMP Money (BSC), Grape Finance (Avax), Serenity Capital (FTM) are listed as betting currency.

Here are the benefits of listing $Spirit token to Fantom House.

  • Provides another utility to the token
  • Provides fun & exciting experience to $Spirit holders
  • The $Spirit treasury of the team can be deposited, and serve as the House. Depositors will have advantage of House-Edge, and will see real-time growing of their deposit.
  • SpiritSwap team's house bank will grow, and the team can either burn or store them in the treasury, which decreases the floating supply of $Spirit.
  • Deposited Tokens, of course, can be withdrawn.

Risks

  • There is no potential risk for the team or project.

Conclusion

  • By listing $Spirit token at Fantom House and depositing team's $Spirit tokens, it will provide fun experience to the users with new utility, and will also grow the team's treasury and allow them to burn more of the tokens.
  • If this proposal is passed, SpiritSwap will have official partnership with Fantom House, get $Spirit token listed at Fantom House, and the SpiritSwap team will deposit around $50K~100K worth of $Spirit (which can be withdrawn) into the Fantom House. Reference links https://fantom.house/ https://bsc.fantom.house/ https://docs.fantom.house/

Off-Chain Vote

Deploy 5k USD to Fantom House
223.26K inSPIRIT0.2%
Deploy 10k USD to Fantom House
2.35K inSPIRIT0%
Deploy 20k USD to Fantom House
6.89K inSPIRIT0%
Reject the Proposal
105.26M inSPIRIT99.8%
Quorum:527%
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Discussion

SpiritSwapFantom House Partnership Proposal - Decentralized Betting Platform that Provides Utility

Timeline

Sep 05, 2022Proposal created
Sep 05, 2022Proposal vote started
Sep 12, 2022Proposal vote ended
Oct 26, 2023Proposal updated