Wildfiredao.ethWildfire Gov Update 8/26/22
DeFiAave Proposal; [ARC] Risk Parameter Updates for Ethereum Aave v2 MarketThis ARC proposes suspending deposits, disabling borrowing, and sending 100% of the interest paid by FEI borrowers to the Reserve Factor in reaction to the Tribe DAO's intention to reach a terminal state.The TRIBE governance token and the DAO's assets are being dissolved by Tribe DAO. Due to this, FEI will be backed by DAI 1:1 and redeemable at 1FEI:1DAI. Tribe DAO is entering a terminal condition, and the FE...
Wildfiredao.ethWildfire Gov Update 10/18/22
DeFiAave Proposal; Add TRYB to Aave V3 on Avalanche Network, Isolation ModeBiLira would like to onboard TRYB. This AIP lists BiLira (TRYB) on AAVE V3, Avalanche Network, Isolation Mode, the only 1:1 Turkish Lira-backed stablecoin.The full-reserve stable cryptocurrency BiLira (TRYB) is built on the Ethereum blockchain and available on 6 blockchains. It is secured, collateralized 1:1, and ERC-20 token compliant.TRYB (BiLira) is Aave's good borrowing and collateral asset.Aave will get more ...
Wildfiredao.ethWildfire Gov Update 8/12/22
DeFiAave Proposal; ARC: Add OP as Collateral to AAVE v3The objective of the proposal is to add the OP token to Aave V3 on Optimism as a collateral asset. As the pool's initial liquidity is bootstrapped, the Optimism Foundation may additionally provide incentives.Optimism is an L2 scaling solution that will be introduced by the end of 2021 and is EVM equal. Currently, optimism supports more than 100 dapps and $500 million in on-chain value. Having already saved its customers over $1B in g...
Wildfiredao.ethWildfire Gov Update 8/26/22
DeFiAave Proposal; [ARC] Risk Parameter Updates for Ethereum Aave v2 MarketThis ARC proposes suspending deposits, disabling borrowing, and sending 100% of the interest paid by FEI borrowers to the Reserve Factor in reaction to the Tribe DAO's intention to reach a terminal state.The TRIBE governance token and the DAO's assets are being dissolved by Tribe DAO. Due to this, FEI will be backed by DAI 1:1 and redeemable at 1FEI:1DAI. Tribe DAO is entering a terminal condition, and the FE...
Wildfiredao.ethWildfire Gov Update 10/18/22
DeFiAave Proposal; Add TRYB to Aave V3 on Avalanche Network, Isolation ModeBiLira would like to onboard TRYB. This AIP lists BiLira (TRYB) on AAVE V3, Avalanche Network, Isolation Mode, the only 1:1 Turkish Lira-backed stablecoin.The full-reserve stable cryptocurrency BiLira (TRYB) is built on the Ethereum blockchain and available on 6 blockchains. It is secured, collateralized 1:1, and ERC-20 token compliant.TRYB (BiLira) is Aave's good borrowing and collateral asset.Aave will get more ...
Wildfiredao.ethWildfire Gov Update 8/12/22
DeFiAave Proposal; ARC: Add OP as Collateral to AAVE v3The objective of the proposal is to add the OP token to Aave V3 on Optimism as a collateral asset. As the pool's initial liquidity is bootstrapped, the Optimism Foundation may additionally provide incentives.Optimism is an L2 scaling solution that will be introduced by the end of 2021 and is EVM equal. Currently, optimism supports more than 100 dapps and $500 million in on-chain value. Having already saved its customers over $1B in g...
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DeFi
Aave Proposal; Add Reserve Rights (RSR) as a borrowable asset.
This is a proposal to list RSR (Reserve Rights Token) as an asset to borrow. RSR is the governance token for the Reserve Protocol. The proposal gives an overview of RSR and how useful RSR can be on Aave, the author anticipates that the yield on stRSR will drive demand to borrow RSR for two primary reasons: (a) to hedge against price changes on an existing stRSR position and (b) to borrow with intent to stake for the stRSR yield.
Aave would be the first and currently, only, place to borrow RSR in DeFi, and as a result, Aave would have a first-mover advantage and supply advantage that would drive demand.
Aave Proposal; UI/UX upgrade governance framework
This is a proposal to upgrade the Aave Governance framework’s UI/UX, the proposal author states that. In the proposed UI/UX framework, a proposal author will conduct a governance thread that will be available for at least five days as part of the suggested governance process for a UI integration.
Open a snapshot vote after that with a starting voting time of 24 hours in the future, a minimum of 3 days of open voting being deemed valid, and a quorum of 100k AAVE YAE votes.
Aave's user interface After reviewing the integration PR, GitHub maintainers will merge it if they find no security flaws.
Balancer Discussion; Balancer Discussion; Enable DIGG/WBTC graviAURA 40/40/20 Gauge on Mainnet
This proposal is to add a gauge for the DIGG/wBTC/graviAURA Pool.
BadgerDAO is a DAO that has the goal of building the infrastructure for Bitcoin in DeFi. Their goal is to make it easier to bridge your Bitcoin over to other blockchains and possibly earn a yield on them.
The motivation for this proposal is that the DIGG/wBTC/graviAURA 40/40/20 Pool needs incentivization to migrate meaningful amounts of liquidity over to the Balancer ecosystem. This gauge would serve as an incentive mechanism for Badger Protocol supporters, by creating a gauge there would be more of an incentive to participate as the potential for reward increases.
Balancer Proposal; [BIP-8] Enable TetuBAL/20WETH-80BAL Gauge [second vote]
This is a proposal to add gauge this the TetuBAL/WETH pool, in order to have Deep liquidity for the pair and incentivize users to lock more BAL thereby benefiting the Balancer Ecosystem and Tetu as well.
Balancer Proposal; [BIP-26] Enable MAGIC/USDC Gauge [Arbitrum]
This is a proposal to add gauge support for the newly created MAGIC/USDC 50/50 pool on L2 Arbitrum. Magic is the underlying token of the Treasure web3 gaming ecosystem on L2 Arbitrum.
MAGIC/ETH has historically been the primary (only) major source of liquidity in the ecosystem, and we would like to enable MAGIC/USDC liquidity as an alternative.
Public Goods
ENS Tempcheck; Impose a royalty on the secondary sales of ENS names to offset the running costs of TNL development
This tempcheck is no longer active but it had an interesting take on whether to raise the royalty percentages for secondary sales.
This proposal was raised due to the cost of running Funding True Names LTD ($11,500 per day).
ENS currently has no royalty fees associated with secondary sales but setting it at 6% would offset the cost of LTD (~$12,256 per day).
However, 75% of voters chose to bot go through with this tempcheck.
Gitcoin Proposal; $3 Million Treasury Diversification.
This proposal seeks to diversify 1.2M of GTC (~$3M USD) out of the treasury into the multi-sig to exchange for USDC.
The treasury currently holds ~$57.1 worth of GTC with little diversity or stablecoins which exposes it to external risks
The agency handling the exchange will take 20 basis points (.20%) over the three days the transaction will take place.
Gitcoin Proposal;Ratify the Results of Grants Round 14
This proposal seeks to Ratify the Grants Round 14, ratified round can be found
Infrastructure & Tooling
RocketPool Tempcheck; Increase the Deposit Pool Limit.
This proposal seeks to increase the do from 2,000 to 5,000 ETH
The motivation behind this is to attract larger investors and increase the overall amount at which ETH is staked.
This would however decrease the APR by .14%
Creator Economy
SuperRare Tempcheck; “I have a very specific set of skills”.
This proposal seeks to create a relationship between SuperRare Labs (The Company) and RareDAO Foundation, as well as set up a precedent on how to deal with contracting third parties.
SuperRare Labs is proposing that the treasury cover all of its operating expenses plus a 15% markup on a monthly basis by providing invoices to the treasury.
This agreement would last one year and the services rendered would be:
Protocol Development
Product Development and Engineering Services
Marketing and Promotional Services
Curation Services
Editorializing, Content Creation, and Media
IT Services
Business Development
DAO Administration, Strategy, and Management
General Administrative Services
General Operational Services
DeFi
Aave Proposal; Add Reserve Rights (RSR) as a borrowable asset.
This is a proposal to list RSR (Reserve Rights Token) as an asset to borrow. RSR is the governance token for the Reserve Protocol. The proposal gives an overview of RSR and how useful RSR can be on Aave, the author anticipates that the yield on stRSR will drive demand to borrow RSR for two primary reasons: (a) to hedge against price changes on an existing stRSR position and (b) to borrow with intent to stake for the stRSR yield.
Aave would be the first and currently, only, place to borrow RSR in DeFi, and as a result, Aave would have a first-mover advantage and supply advantage that would drive demand.
Aave Proposal; UI/UX upgrade governance framework
This is a proposal to upgrade the Aave Governance framework’s UI/UX, the proposal author states that. In the proposed UI/UX framework, a proposal author will conduct a governance thread that will be available for at least five days as part of the suggested governance process for a UI integration.
Open a snapshot vote after that with a starting voting time of 24 hours in the future, a minimum of 3 days of open voting being deemed valid, and a quorum of 100k AAVE YAE votes.
Aave's user interface After reviewing the integration PR, GitHub maintainers will merge it if they find no security flaws.
Balancer Discussion; Balancer Discussion; Enable DIGG/WBTC graviAURA 40/40/20 Gauge on Mainnet
This proposal is to add a gauge for the DIGG/wBTC/graviAURA Pool.
BadgerDAO is a DAO that has the goal of building the infrastructure for Bitcoin in DeFi. Their goal is to make it easier to bridge your Bitcoin over to other blockchains and possibly earn a yield on them.
The motivation for this proposal is that the DIGG/wBTC/graviAURA 40/40/20 Pool needs incentivization to migrate meaningful amounts of liquidity over to the Balancer ecosystem. This gauge would serve as an incentive mechanism for Badger Protocol supporters, by creating a gauge there would be more of an incentive to participate as the potential for reward increases.
Balancer Proposal; [BIP-8] Enable TetuBAL/20WETH-80BAL Gauge [second vote]
This is a proposal to add gauge this the TetuBAL/WETH pool, in order to have Deep liquidity for the pair and incentivize users to lock more BAL thereby benefiting the Balancer Ecosystem and Tetu as well.
Balancer Proposal; [BIP-26] Enable MAGIC/USDC Gauge [Arbitrum]
This is a proposal to add gauge support for the newly created MAGIC/USDC 50/50 pool on L2 Arbitrum. Magic is the underlying token of the Treasure web3 gaming ecosystem on L2 Arbitrum.
MAGIC/ETH has historically been the primary (only) major source of liquidity in the ecosystem, and we would like to enable MAGIC/USDC liquidity as an alternative.
Public Goods
ENS Tempcheck; Impose a royalty on the secondary sales of ENS names to offset the running costs of TNL development
This tempcheck is no longer active but it had an interesting take on whether to raise the royalty percentages for secondary sales.
This proposal was raised due to the cost of running Funding True Names LTD ($11,500 per day).
ENS currently has no royalty fees associated with secondary sales but setting it at 6% would offset the cost of LTD (~$12,256 per day).
However, 75% of voters chose to bot go through with this tempcheck.
Gitcoin Proposal; $3 Million Treasury Diversification.
This proposal seeks to diversify 1.2M of GTC (~$3M USD) out of the treasury into the multi-sig to exchange for USDC.
The treasury currently holds ~$57.1 worth of GTC with little diversity or stablecoins which exposes it to external risks
The agency handling the exchange will take 20 basis points (.20%) over the three days the transaction will take place.
Gitcoin Proposal;Ratify the Results of Grants Round 14
This proposal seeks to Ratify the Grants Round 14, ratified round can be found
Infrastructure & Tooling
RocketPool Tempcheck; Increase the Deposit Pool Limit.
This proposal seeks to increase the do from 2,000 to 5,000 ETH
The motivation behind this is to attract larger investors and increase the overall amount at which ETH is staked.
This would however decrease the APR by .14%
Creator Economy
SuperRare Tempcheck; “I have a very specific set of skills”.
This proposal seeks to create a relationship between SuperRare Labs (The Company) and RareDAO Foundation, as well as set up a precedent on how to deal with contracting third parties.
SuperRare Labs is proposing that the treasury cover all of its operating expenses plus a 15% markup on a monthly basis by providing invoices to the treasury.
This agreement would last one year and the services rendered would be:
Protocol Development
Product Development and Engineering Services
Marketing and Promotional Services
Curation Services
Editorializing, Content Creation, and Media
IT Services
Business Development
DAO Administration, Strategy, and Management
General Administrative Services
General Operational Services
This proposal also seeks for the multi-sig to send out the payouts that match the new ratified list above.
This proposal also seeks for the multi-sig to send out the payouts that match the new ratified list above.
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