Poll: Indigo Dao Treasury Management Policies and Procedures v2

Temp Check Polls
1

Here you can cast your vote for Indigo DAO Treasury Management Policies v2

  • Yes
  • No
0 voters
1 Like
2

voted no,

  1. No answer has been given on why 10% more is given to treasury for protocol expenses (40% previously, 50% now) and the point is completely eluded from the proposal
  2. As equal user base, it is a lost of revenue in ADA currency, which may be compensated only if the appreciation in INDY is realized by selling INDY for ADA. interest paid in ADA reward is a great garantee for indy stakers, to get sound money in case of CDP closure and loss of user base
  3. No strategic perspective on what to do with increasing INDY holding in treasury… while it may buy some time awaiting adoption and increase in liquidity, it does not solve anything for indy holder
4 Likes
4

Re: point 2, you know you can just sell the indy you receive for ada right? It’s not illegal or anything.

1 Like
5

Except that

  • INDY additional revenue has nothing to do with the 30% ADA interest …
  • % fees on LP

loosing 30% interest in ADA as a revenue is a very disappointing change to me, as such revenue was one of key reason for holding INDY, imo