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Aavegotchi · closed proposal

[AGIP24] Deposit 3M Treasury GHST into Aave

0x027F…660c·ended 4y ago
Voters
2,483
GHST voted
20.30M
≈$896.4K
Token price
$0.04

AI summary

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Voting results

Yes, deposit 3M GHST18.10M (89.1%)
No, keep GHST in the Treasury961.62K (4.7%)
Abstain1.24M (6.1%)
20.30M GHST · ≈$896.4K · 2483 votersblock 26269211

🐳 Whale votes

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

Full proposal

Original markdown · Aavegotchi

Author: Dr Wagmi#6629 GotchiID: 16635 Quorum requirement: 20% (9M) Vote duration: 7 days XP Reward: 20 XP for each Aavegotchi in the voter’s wallet Discourse Thread: https://dao.aavegotchi.com/t/deposit-3-000-000-ghst-from-the-dao-treasury-into-aave/3007

Alongside the DAO Treasury Taask Force (DTF), I propose that we immediately take advantage of the Aave GHST listing by depositing ~80% of our DAO Treasury GHST (3,000,000 GHST) into Aave as collateral to earn passive yield. The current utilisation rate is at 45% with a deposit APR ~2.5%. Given the significant yield an…

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