Proposal has been discussed extensively in the forum: https://gov.stakedao.org/t/sdgp-24-sdt-rsr-token-loan-with-reserve-protocol-core-team/850
tl;dr
If this proposal is accepted:
- Reserve and Stake DAO will lend each other SDT and RSR to help each with their respective sdCRV and USDC+ positions: $500k worth of SDT (capped at 1.5m) and $400k worth of RSR
- SDT lent will be locked for 4 years
- Stake DAO will deploy a new triSDT pool with rTOKENs (USDC+ and ETH+)
- Reserve will seed the liquidity of this new pool (meaning the acquisition of SDT, already $100k worth have been acquired to prepare for this)
- Reserve will vote with a portion of their veCRV voting power for the pool, as they have been doing for other rTOKEN pools
- The loan will consist in a joint multisig where neither Reserve nor Stake DAO can perform a transaction without the agreement of the other, and where a third party is appointed in case of dispute