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Stake DAOStake DAOby0xdAe82613eFB8cFe0C2778C9a7bef65B92DC8C11914458.lens

SDIR #25: Whitelist Bilira Multisig to lock SDT as veSDT

Voting ended about 3 years agoSucceeded

Project Presentation:

Protocol Name: BiLira Website: https://www.bilira.co/en/home Audit Reports : https://www.bilira.co/en/audit-reports Twitter: https://twitter.com/BiLira_Official

Summary:

Summary: Proposal to whitelist BiLira Multisig (0x07913270B3B198b3854Df9463d646Ce145E02349) on the Stake DAO Liquid Lockers to allow them to lock SDT and vote with veSDT.

Rationale:

BiLira is a stablecoin provider pegged to the Turkish Lira (TRYB).

To diversify their Protocol Owned Liquidity, BiLira wants to deploy part of their liquidity into Stake DAO Liquid Lockers:

To maximize the utility of the lockers, BiLira requires access to the veSDT whitelist.

This will enable them to most efficiently deploy capital into the Liquid Lockers and associated strategies. Locking SDT tokens will also enable them to continually scale the strategy as required.

Means:

Human Resources: Minimal developer time needed. Treasury Resources: No treasury resources needed.

Technical Implementation: Update the SDT smart wallet whitelist.

Proposal Specifications:

Admin: veSDT holders Community feedback: 2 days minimum Voting Duration: 3 days

Off-Chain Vote

Yes, whitelist
1.43M veSDT97.9%
No, don't whitelist
30.55K veSDT2.1%
Abstain
0 veSDT0%
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Discussion

Stake DAOSDIR #25: Whitelist Bilira Multisig to lock SDT as veSDT

Timeline

Jan 24, 2023Proposal created
Jan 24, 2023Proposal vote started
Jan 27, 2023Proposal vote ended
Oct 26, 2023Proposal updated