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Fei · closed proposal

FIP-14: Buying DeFi Pulse Index with Bonding Curve

0xA6D0…5b96·ended 5y ago
Voters
59
FEI voted
11.97M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Open this Bonding Curve11.83M (98.9%)
Do Not Open this Bonding Curve136.19K (1.1%)
11.97M FEI · 59 votersblock 12910630

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Fei

Forum Discussion

https://tribe.fei.money/t/proposal-buying-defi-pulse-index-dpi/3348 Author: Bruno Rodrigues and Matthew Graham

Basic Summary

The following is a proposal to invest 10M FEI, which represents ~2% of PCV, into the DeFi Pulse Index (DPI).

The DPI is a capitalization-weighted index that tracks the performance of the top DeFi tokens. It is currently composed of 14 popular DeFi tokens available on Ethereum.

Motivation

The main purpose for purchasing $10M of DPI is to grow PCV through having exposure to the DeFi sector. By diversifying the PCV FEI Protocol intends to bette…

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