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Steering proposal - Supporting MooBifi Lending

Published

2/26/2025, 11:09:07 AM

Closes

3/1/2025, 11:00:00 PM

Votes

54

Voting Type

single choice

Quorum

1

Proposal Content

Summary

This is a steering proposal to see how the Beefy community feels about supporting lending on MooBifi. The goal is to gather feedback and shape future plans based on the communit...

This is a steering proposal to see how the Beefy community feels about supporting lending on MooBifi. The goal is to gather feedback and shape future plans based on the community's thoughts.

Why lending makes sense:

*Supporting MooBifi holders: MooBifi holders can access liquidity without selling their tokens, allowing long-term holders to keep their positions while still earning from their assets.
*Earning Yield: By using a small portion of the Beefy Treasury's (profits), the treasury can generate yield and make better use of its assets.

Proposal options:

1. Profit Distribution Allocation:
*Use some of the treasury’s profits to provide liquidity to the MooBifi lending pool.
*This approach allows the DAO to support lending without risking core treasury assets.
*The community can vote on how profits are distributed, aligning interests for all involved.

2. Direct Treasury Allocation:
*Allocate a fixed amount of liquidity (e.g., $100,000) directly from the treasury to the lending pool.
*This gives immediate (more) liquidity support but requires careful monitoring to manage leverage and avoid potential liquidations.

3. No Allocation:
*Maintain the current strategy without allocating liquidity for MooBifi lending.
*This option keeps treasury exposure at current levels, focusing on core reserves and minimizing risk.

Next steps after voting:

This proposal serves as a guiding framework. Based on community feedback, a detailed plan can be developed for supporting MooBifi Lending.

Voting Results

Profit Distribution AllocationLeading65.4%

1.3K

Direct Treasury Allocation4.5%

87.12

No Allocation30.0%

576.09

Total Votes

54

Total Score

1.9K

Quorum1Quorum met

Source Links

Steering proposal - Supporting MooBifi Lending | UnderTide