Executed

[TFIP-8] Wallfacer Labs 2024 Funding Request


Proposal ID

841319...8187

Proposed

Nov 29th, 2023

Result details

3 addresses

26.61M votes

Final Votes

Quorum

Pending

Majority support

Yes

For

26.61M

Against

0

Abstain

1000

Actions

Type

Address

Details

Custom

0x8634...B9Ca

transfer(..)

Custom

Account

0x8634...B9Ca

Method

transfer(..)

Custom

0x4C19...3784

mint(..)

Custom

Account

0x4C19...3784

Method

mint(..)

Custom

0x4C19...3784

transfer(..)

Custom

Account

0x4C19...3784

Method

transfer(..)

Custom

0xA0b8...eB48

approve(..)

Custom

Account

0xA0b8...eB48

Method

approve(..)

Proposal

Wallfacer Labs is requesting renewed funding and engagement from TrueFi DAO for the first half of 2024. Wallfacer Labs is requesting 100,000 USDC and 22,000,000 TRU over a 6-month period from January 1, 2024 through June 30, 2024. 30% of the funding would be provided upfront, with the remainder streamed over the 6 months. 

During this engagement, Wallfacer will continue supporting core TrueFi products like asset vaults and index vaults, while also focusing on expansion to new chains like Kinto and integrating with additional KYC/institutional partners beyond Archblock. They would provide ongoing governance support, facilitate the onboarding of new participants, and increase TrueFi's marketing presence. The goal is to drive further utility, adoption, and ultimately value for TrueFi in 2024 by leveraging Wallfacer's experience and expertise as a trusted partner.

Functions included in this proposal:

Function 1: Transfer USDC to Wallfacer's Account

Function 2: Mint TRU to DAO Timelock

Function 3: Transfer TRU to Wallfacer's Account

Function 4: Approve USDC for Sablier Stream Creation

Function 5: Approve TRU for Sablier Stream Creation

Function 6: Create USDC Sablier Stream for Wallfacer

Function 7: Create TRU Sablier Stream for Wallfacer

For more detail and discussion, please see [the full proposal](https://forum.truefi.io/t/truefi-and-wallfacer-in-2024/1532)

Final Votes

Quorum

Pending

Majority support

Yes

For

26.61M

Against

0

Abstain

1000

Final Votes

3 addresses

26.61M votes

Status

Wed Nov 29, 01:18 pm

Draft created

Wed Nov 29, 01:17 pm

Published onchain

Thu Dec 7, 07:23 am

Voting period started

Sun Dec 10, 01:08 am

Voting period ended

Mon Dec 4, 03:49 pm

Proposal queued

Wed Dec 6, 03:53 pm

Proposal executed