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YamYamby0xbdac5657eDd13F47C3DD924eAa36Cf1Ec49672ccfeddas.eth

YIP-42: Should Degenerative.Finance list Synthetic uStonks?

Voting ended almost 5 years agoSucceeded

YIP-42: Should Degenerative.Finance list Synthetic uStonks?

Summary

uLABS has created the uSTONKS token is a synthetic that tracks an index consisting of ten stocks that are most commented on r/wallstreetbets. Here’s the official announcement:

https://medium.com/uma-project/ulabs-and-ustonks-7a6ba1ed8eb3

Since there could be some regulatory concerns depending on the jurisdiction that each person is in, the Yam DAO should vote whether or not degenerative.finance should list uStonks and other synthetic indexes that track underlying stocks.

This vote can always be reversed by another vote.

Minimum requirement of 200,000 Votes required to pass.

Off-Chain Vote

Yes, List uStonk and Similar
296.03K 98.7%
Do not list
3.86K 1.3%
Download mobile app to vote

Timeline

Feb 04, 2021Proposal created
Feb 04, 2021Proposal vote started
Feb 07, 2021Proposal vote ended
Apr 28, 2024Proposal updated