Zunami DAO Vote Id:5

The Zunami team plans to launch a new strategy - Convex finance DOLA Pool. We have created a proposal to agree with the Zunami DAO members on adding a new strategy to the Zunami Protocol.

Description: DOLA capitalization: 34 416 828 $ Сurrent APR on Convex: 37% (Proj. 57%) DOLA stablecoin issued by the company https://www.inverse.finance/

🛡️DOLA is over-collateralized, every single DOLA in circulation is backed by collateral.

🛠️ DOLA is issued via borrowing with an over-collateralized loan, like DAI or LUSD

⚙️ Collateral liquidation mechanism is used

⚖️Additional peg maintenance by adjusting borrowing rates

The team is actively giving bribes in the Votium. DOLA-3POOL is the most profitable stablecoin pool at Convex Finance with APR now over 37% (Proj. 57%). Most likely high returns will be for at least a few weeks.

Strategy features: Deposit of stablecoins (USDT, USDC, DAI) in the DOLA pool on Curve Stake dolaCRV LP tokens on Convex Automatic sale and reinvestment of CRV, CVX rewards.

Action: Add Convex Finance - DOLA Pool strategy as one of the Zunami Protocol strategy. Set the Convex finance - DOLA Pool strategy as the default deposit strategy.