Proposals

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Proposal

Canceled

Seed USDaf Ecosystem Curve LP with DAO Funds

Cancelled


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by

by

romanpope.eth

romanpope.eth

ID 48

ID 48

Proposed on: Jun 18th, 2025

Proposed on: Jun 18th, 2025

Votes

Actions

Type

Address

Details

Custom

approve(..)

Custom

Account

0xA0b8...eB48

Method

approve(..)

Proposal

Deploy $1 million USDC from the treasury into the USDaf / USDC / USDT Curve pool for a 90-day pilot. Goal: (1) earn ~8-9 % yield on idle assets, (2) deepen USDaf liquidity as groundwork for the upcoming ampUSD stablecoin.

If this proposal passes, the Kennel Club multisig will receive an allowance to deploy the $1 M USDC in coordination with Asymmetry Finance's recommendations into the USDaf/USDC/USDT Curve pool.

Deployment will have a duration of 90 days from time of execution.

At the end of the 90-day pilot the DAO may:

  1. revoke the allowance and exit,
  2. let the position roll, or
  3. renew / expand the approval for a new term.
Votes
Status