🔥There are eight DAO Governance Proposals currently in motion at different stages in the governance process!
The V2 upgrade introduced a set of tools to fine-tune the protocol and brought new possibilities that we're now seeing the DAO begin to take advantage of.
On-chain Proposal:
1⃣ Stake DAO Treasury $ADA to SPO EASY1 Stakepool: Proposed by a DAO member, this strategy aims to utilize Treasury ADA holdings for staking participation and rewards.
Forum Polls:
2⃣ Create Indigo Foundation Financial Structures: Initiated by Labs, this proposal seeks to establish a solid financial framework for the Foundation.
3⃣ Adjusting RMR and Enable Redemption for iUSD: Sayid, A DAO member, proposes to tweak the Redemption Margin Ratio (RMR) and activate redemption mechanisms for iUSD.
4⃣ Sayid has also posted a poll asking whether the DAO believes 150% or 185% is an appropriate initial RMR.
5⃣ Enhancing Liquidity Pool Incentives for iAssets on SundaeSwap: Proposed by the Protocol Working Group (PWG), this aims to boost liquidity for iAssets on @SundaeSwap v3.
Forum Temperature Checks:
6⃣,7⃣ Adjusting RMR and Enable Redemption for iETH and iBTC: This proposal by Sayid looks to adjust the RMR of iETH and iBTC.
8⃣ Mercuryo Native FIAT On-Ramps on Indigo: Presented by the Mercuryo team, this initiative seeks to introduce fiat on-ramps on Indigo through Mercuryo
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