This vote is to deposit 1 ETH (plus gas, converted from USDC) into Manta's New Paradigm. This move is expected to secure yield opportunities and airdrops, enhancing the financial position of our DAO.
Info about New Paradigm: https://newparadigm.manta.network/about https://mantanetwork.medium.com/new-paradigm-the-real-l2-that-helps-you-earn-more-yield-than-a-multisig-2f445ab4dc47
Confirmed airdrop. Backed by Binance as well. Seems low risk to get some yield and a few airdrops for the DAO wallet.
After depositing 1 ETH into the New Paradigm, an equivalent worth of STONE will be airdropped on the Manta Pacific network which will then be staked on Layerbank (https://twitter.com/LayerBankFi) for further airdrop points.
Should we deposit 1 ETH into the Manta New Paradigm (and stake in Layerbank) for Airdrops?