Aavegotchi · closed proposal

External Proposal: Origin Protocol’s OUSD for Treasury Yield

0xcC4F…0aed·ended 3y ago·Discussion ↗

Voters

1,490

GHST voted

11.57M

≈$511.0K

Token price

$0.04

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Yes, invest DAI into OUSD971.03K (8.4%)

No, do not invest10.34M (89.3%)

Abstain263.44K (2.3%)

11.57M GHST · ≈$511.0K · 1490 votersblock 41021458

🐳 Whale votes

0 votes > 5% VP

No whale votes on this proposal.

Full proposal

Original markdown · Aavegotchi

Submitter: Dr Wagmi | Forge Team | Vault#6629 Author: SlagathorTheMammothKing#7632 GotchiID: 11146 Quorum requirement: 20% (9M) Vote duration: 7 days Discourse Thread: https://dao.aavegotchi.com/t/external-proposal-origin-protocols-ousd-for-treasury-yield/4728 Voting Options: Yes; No; Abstain

This is a proposal from Origin Protocol to convert $2m DAI of the 25% allocated to the DAO treasury from closing the curve into OUSD to generate passive yield for the Aavegotchi treasury.

OUSD generates passive yield while sitting in a wallet, and is able to generate higher yields than using any single …

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