haberdash-props

/haberdash-props313

$DEGEN allowance is claimable now.

Check your $DEGEN points and claim tokens:

degenclaim.com
Re7 is now on Farcaster! 🌐
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New Proposal Update: Treasury Management Proposal 📜

TLDR: This proposal outlines a plan for the allocation and diversification of the DegenDAO treasury. By diversifying its holdings and strategically allocating funds, the aim is to enhance the stability, growth, and long-term value of DegenDAO.

Goal: To create a robust financial foundation that supports the Degen and Farcaster ecosystem, enhances value for the community, and positions DegenDAO as the most capitalized network on Farcaster.

Proposed Allocation:
🎩 Admin & Operations Fund: 5% of the treasury
🎩 Marketing & Comms Fund: 5% of the treasury
🎩 Grants Fund: 10% of the treasury
🎩 Investment Fund: 50% of the treasury
🎩 Reserves: 25% of the treasury
@nintynick.eth can you show off this @hatsprotocol enabled cast action frame for shared accounts?

I want to show it off for Habs governance and agency
New Proposal Update: Degen & Morpho Proposal

TLDR: Morpho Blue, a lending protocol, aims to increase DeFi utility for DEGEN by incentivizing degenUSDC deposits and depositing DEGEN in mDEGEN vaults. This proposal seeks to unlock more value and DeFi use cases for the DEGEN ecosystem.

Goal: Enhance the DeFi utility and use cases for DEGEN holders by:
- Incentivizing degenUSDC deposits to provide liquidity and earn rewards.
- Depositing DEGEN in mDEGEN vaults to earn yield and create a deep borrowing market.

Ask:
- degenUSDC vault deposit: 4M $DEGEN allocation over 3 months with a vault cap of $500k.
- mDEGEN vault deposit: 10M $DEGEN deposited in mDEGEN for 1 year, with the option to withdraw anytime.

Impact on Ecosystem Growth:
- Expands liquidity and DeFI integration of DEGEN across ecosystems.
- Increases utility, yield and attractiveness of DEGEN within the Base ecosystem.
- Exposes users to Morpho, a fast-growing permissionless lending market.
- Boosts community engagement and DEGEN earnings.
This channel is for discussions on proposals to be voted on, popular proposals on here will be moved to the voting stage. Will delete and ban non proposal casters