DISCLOSURE: DELPHI VENTURES HAS INVESTED IN DEVERSIFI, ENTERDAO, SADDLE FINANCE, TERRA, TOKEMAK, AND
Active Votes
- BitDAO is running a vote to partner with PleasrDAO. BitDAO will invest $6.5m in the industry leading NFT DAO. PleasrDAO, for its part, will continue to fractionalize NFTs and build communities around them. The full proposal can be found here.
- Compound is voting to completely stop its existing reward program. Citing COMP farming as detrimental to existing holders, the proposer recommends sun-setting existing reward programs completely. Instead, the proposer suggests using COMP to kick start new markets on their protocol. DeFi “blue chips” like COMP and AAVE are down more than 30% YTD; BTC and ETH are down ~15% and 20%, respectively, over the same period.
- Deversifi is voting on creating a sub-DAO managed solely by the community. Deversifi would seed the sub-DAO with $50k DVF to spend how they choose.
- Frax Finance, apparently the most popular protocol in DeFi, is voting on three partnership proposals and one seed round investment.
- Frax <> Retrograde: Retrograde is proposing a partnership which would see Frax Finance invest in their private round. They propose a 50k allocation at $.05 per RETRO, with a 1-year cliff and 4-year vest.
- Eternity Seed Round: Eternity has asked Frax Finance to participate in their seed round. Eternity proposes an allocation of 500k FRAX at $.66 per GLORY and an FDV of $33m.
- Frax <> Across: This proposal asks that Frax Finance loan Uma labs 250k FRAX to set up a cross-chain Relayer (or Uma labs will show Frax how to set one up) and fund a cross-chain
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