Pending execution

Proposal for Tech Infusion, Support, and Expansion of TrueFi Products


Proposal ID

153323...7626

Proposed

Jul 9th, 2024

Result details
Final Votes

Quorum

41.03M of 12.17M

Majority support

Yes

For

41.03M

Against

14.64M

Abstain

0

Actions

Type

Address

Details

Custom

0x4C19...3784

mint(..)

Custom

Account

0x4C19...3784

Method

mint(..)

Custom

0x4C19...3784

transfer(..)

Custom

Account

0x4C19...3784

Method

transfer(..)

Custom

0x4C19...3784

approve(..)

Custom

Account

0x4C19...3784

Method

approve(..)

Custom

0xCD18...8888

createStream(..)

Custom

Account

0xCD18...8888

Method

createStream(..)

Proposal

We are Teragon—a DeFi project with a comprehensive suite of products ready to integrate with TrueFi. We’re offering our IP, tech, infrastructure and continued technical support for these products injected into TrueFi for 30 weeks. We feel these products can be an expansion of what TrueFi has envisioned, and added products like structured vaults (products) that can be a huge expansion of product offerings and afterwards TVL.

We are asking for 12m TRU for the tech infusion and 30 weeks of work. We propose 6m TRU to be paid upfront, and 6m TRU to be streamed over the next 30 weeks of work contract.

We are looking to help TrueFi ship new product offerings and work under TrueFi’s leadership with its contractors & employees.

The Products we highlight to be injected into TrueFi:

Managed Vaults (Generalized, flexible vaults): Fund managers can launch bespoke vaults.

Structured Products (From vanilla to exotics): Starting with basic call and put overwrite strategies and easily extendable to more exotic options.

Index Products (MSCI meets TokenSets): Construct market and thematic indices with guidelines derived from MSCI in tradFi.

Our smart contracts, operational workflows, and backend infrastructure are ready to go, with frontend interfaces. Further integration with TrueFi’s ecosystem will be required, and we propose to work for TrueFi for 30 weeks to ensure a smooth transition and handover.

Forum thread: https://forum.truefi.io/t/proposal-for-tech-infusion-support-and-expansion-of-truefi-products/1728

Final Votes

Quorum

41.03M of 12.17M

Majority support

Yes

For

41.03M

Against

14.64M

Abstain

0

Final Votes
Status

Mon Jul 8, 02:44 pm

Draft created

Tue Jul 9, 06:54 am

Published onchain

Sun Jul 14, 09:33 pm

Voting period started

Wed Jul 17, 03:18 pm

Voting period ended

Sat Jul 13, 09:13 pm

Proposal queued

Execute proposal