Proposal; Whitelist Connext, a cross-chain protocol, and extend a $2 million credit line split between $1 million USDT and $1 million worth of ETH. As an incentive, a liquidity mining program might be approved by the DAO when the NEXT token launches. Here’s more information on Connext.
Element
Discussion; The $ELFI token should be made transferable to be able to reach full decentralization.
Questions raised: Is it too early on because no market maker has submitted a proposal to make a market yet and plans like mining structure and tokenomics haven’t been laid out.
Balancer
Proposal; Whitelist the BadgerDAO Gnosis Safe multisig to vote-lock and participate in governance. Badger DAI seeks to build infrastructure for Bitcoin in DeFi and bridge it into other blockchains.
Proposal; Whitelist the DAOhaus LPDAO Gnosis Safe multisig to vote-lock and participate in governance. A no-code platform for communities to launch and govern a DAO using Moloch smart contracts looks to improve their liquidity.
Proposal; Whitelist the VitaDAO Gnosis Safe multisig to vote-lock and participate in governance. VitaDAO is a community DAO funding longevity research with its main liquidity pools listed with Balancer.
Proposal; Whitelist Index Coop DAO’s investment account to vote-lock and participate in governance. Index Coop has been in discussion with Balancer about building indices products on Balancer v2 and intends to build more financial products on Balancer v2.
Proposal; Add a gauge for the WNCG/WETH Pool in the Ethereum mainnet. Nine Chronicles is a open-source RPG and a weighted pool would help attract more liquidity with less impermanent loss compared to a 50/50 pool. Increase attractions for the Nine chronicles community to deposit tokens into the Balancer pool.
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Verification
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