[SIP-004] Enable STURDY to be transferable

Summary:

This proposal presents the Sturdy Finance token holders the opportunity to decide on whether to make the STURDY token transferable.

Abstract:

This proposal aims to unlock the STURDY token and make it transferable.

Motivation:

Sturdy TVL has been stagnating for a while as currently there is no price for the STURDY token. Making the token transferable will bring the following benefit:

Enable price discovery for the token which will then help reflect the real yield that the platform is providing.

Bring greater spotlight and visibility to the platform which will help bring fresh users to the platform.

Provide the dao with priced treasury to drive growth through grants, marketing and other proposals.

Specification:

Strudy token is currently non-transferable and hence has no price. This makes it impossible for users of the platform to calculate real yield (which should be higher than the currently displayed yield as it does account for the yield from the token emission as that cannot be priced).

There was a previous vote on snapshot which signalled overwhelming support for this proposal but on technical grounds, that vote was void on arrival.

This proposal will be put for a formal vote by token holders on Snapshot after discussion here with the idea to make the token transferable within a maximum of 10 days from passage of the proposal.

Lastly, with regards to creating liquidity for the token, that can and should be handled in a separate proposal.