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MCDEXMCDEXby0x4f67eD582b6D9B5733edE79Fbfc1403aB6DF02D00x4f67…02D0

Proposal 51-3 Deploying treasury funds to the MCDEX Research & Development team

Voting ended over 3 years agoSucceeded

The MCDEX DAO treasury currently has crypto assets(USDC, ETH, BTC, BNB) valued at about $7.5M. Therefore, we believe we are in a healthy position to optimize our treasury strategy and effectively invest in future protocol growth. We propose to allocate 1,000,000 USDC to the Research & Development team to retain and attract talents to contribute to the protocol over the next year, so the team can remain nimble on product developments and competitive in this challenging market. Currently, MCDEX has 12 full-time equivalent (FTE) employees, and the team remains 100% committed to the long-term vision of MCDEX.

Off-Chain Vote

For - Agree to deploy
1.02M MCB100%
Against - Disagree to deploy
0 MCB0%
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Discussion

MCDEXProposal 51-3 Deploying treasury funds to the MCDEX Research & Development team

Timeline

Jul 29, 2022Proposal created
Jul 29, 2022Proposal vote started
Aug 01, 2022Proposal vote ended
Oct 26, 2023Proposal updated