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Stake DAOStake DAOby0xD8de4C018fADB5a0CCcACB3eBd6A3Fe916f224f60xD8de…24f6

SDIR - 27 : Whitelist Spiral DAO treasury multisig to lock $SDT

Voting ended almost 3 years agoSucceeded

Project presentation:

Protocol name: SPIRAL DAO Gitbook: Deployed Contracts - Spiral DAO Twitter:https://twitter.com/Spiral_DAO Discord: Spiral DAO

TL/DR :

Allow Spiral DAO multisig in the whitelist to lock $SDT

Rationale :

To follow up on the process initiated with Spiral’s ITO as well as [SDIR-25] that requests the deployment of SDT rewards on COIL-FRAXBP strategy, we propose to whitelist Spiral Treasury multisig to allow the project to lock SDT and vote with veSDT.

This is also part of the strategic DeFi governance allocation built aside of the sdCRV position to boost APR, and receive rewards as sdCRV, allowing to vote directly on Curve gauges from the Liquid Lockers platform, further enhancing Spiral’s flywheel.

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

Technical Implementation: Update the SDT smart wallet whitelist. Treasury Multisig address : 0xc47ec74a753acb09e4679979afc428cde0209639

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

Off-Chain Vote

Yes, whitelist Spiral
2.84M veSDT100%
No
0 veSDT0%
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Discussion

Stake DAOSDIR - 27 : Whitelist Spiral DAO treasury multisig to lock $SDT

Timeline

May 11, 2023Proposal created
May 11, 2023Proposal vote started
May 14, 2023Proposal vote ended
Oct 26, 2023Proposal updated