Temperature Check: Should the DVF DAO Owned DVF LP tokens be staked into Sushi Onsen?
The Uniswap & Sushi DVF/USDT liquidity that was raised from the DeversiFi Launch Market has been transferred to the DVF DAO address. In order for the DVF DAO to earn SUSHI rewards from this liquidity, it needs to be staked into the Onsen program
A proposal will be submitted Snapshot on the 12th August with a clear yes or no decision
- The DAO will be earning c.20% SUSHI regards on the c. $XXX liquidity. These are funds that can then be spent by the DAO in more productive ways in the future.
- Aligns the deversifi community with the sushi community
- If the DAO does not stake into the Onsen program, then other DVF holders will be able to benefit from higher SUSHI rewards