The proposal outlined here is to reach a consensus on which network the DDAO should open a stablecoin pool, if any. If the proposal is approved by the DDAO’s governance process, the implementation of the proposal should follow these steps:
Create a new proposal in the DDAO members will decide which stablecoin will be pooled (USDT, BUSD, USDC) Once stablecoin has been decided vEmpire will move forward with implementation of the smart contract & relevant documentation
vEmpire proposes an opening of a new stablecoin pool which will be used for investments in Metaverse, NFT and GameFi projects. The pool will follow the principle of our previous metaverse pools. The stablecoin pool will have open liquidity and investors will be able to withdraw their funds at any time.
We believe that with the current market conditions it is extremely important to provide a stable alternative to metaverse tokens while keeping investor’s money in a non-volatile digital asset.
Would you like to have a stablecoin pool opened in the DDAO? If yes, which network do you want the pool to utilise?
NOTE: Only stakers in our VEMP pool with balance exceeding 1k VEMP are allowed to vote.