Zunami DAO Vote Id:2

The Zunami team has created a new strategy - Convex finance pUSD Pool. We have initiated a proposal to coordinate with the Zunami DAO members to add a new strategy to the Zunami Protocol.

Address: 0x7e3e10eA28affD3Fc47c5491fEf8351ACB530d71

Description: The stablecoin was launched by https://jpegd.io/protocol not so long ago. It has solid backers such as Tetranode, 0xb1, LAO, Santiago R Santos. Jpeg issuance of loans is secured by NFT. pUSD is overcollateralized by blue chip NFT (more than 200%). The protocol also has a sustainable mechanism for the liquidation and sale of collateral at auction. Jpegs currently have more than 800.000 CVX tokens (top 9). Сurrent APY on Convex: 36%

Benefits: We assume that the pUSD strategy will be one of the most profitable on Convex, given the desire of Jpeg to increase the supply of CVX in its treasury.

Strategy features: ⁃ Deposit of stablecions (USDT, USDC, DAI) in the pUSD pool on Curve ⁃ Stake pusdCRV LP tokens on Curve ⁃ Automatic sale and reinvestment of CRV & CVX rewards.

Action:

• Add Convex Finance - pUSD Pool strategy as one of the active Zunami Protocol strategies
• Wait for the slippage on the deposit to decrease
• Rebalance up to 20% of Zunami Protocol funds in pUSD strategy.