Executed

Granting STRK Tokens for Bitget Listing and DeFi 3.0 Vault Rewards


Proposal ID

45

Proposed

Jan 4th, 2024

Result details

1 address

131K votes

Final Votes

Quorum

Pending

Majority support

Yes

For

131K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xe2e1...2602

_grantSTRK(..)

Custom

Account

0xe2e1...2602

Method

_grantSTRK(..)

Custom

0xe2e1...2602

_grantSTRK(..)

Custom

Account

0xe2e1...2602

Method

_grantSTRK(..)

Custom

0xbEe9...6a92

_reduceReserves(..)

Custom

Account

0xbEe9...6a92

Method

_reduceReserves(..)

Custom

0xC816...6ca4

call(..)

Custom

Account

0xC816...6ca4

Method

call(..)

Proposal

Overview

This proposal outlines the strategic allocation of STRK tokens for two key initiatives as part of our 2024 roadmap: the listing of STRK on the Bitget exchange and the incentivization of participants in our DeFi 3.0 vault. We propose the allocation of 10,000 STRK tokens for each initiative, totaling 20,000 STRK tokens.

Motivation

Listing on Bitget:

Expanding the Accessibility and Liquidity of STRK: Listing on Bitget, a leading digital asset exchange, aligns with our goal to enhance the accessibility and liquidity of STRK tokens. This expansion is crucial for increasing the token’s visibility and adoption in the broader crypto market.

Strengthening Market Position: A presence on Bitget positions Strike Finance strategically within the competitive DeFi landscape, potentially attracting a wider user base and increasing trading activity.

DeFi 3.0 Vault Rewards:

Encouraging Participation: Allocating STRK tokens as rewards for the DeFi 3.0 vault aims to incentivize user participation and engagement. This initiative is crucial for the sustained growth and success of our DeFi 3.0 offerings.

Enhancing Platform Value: By rewarding active participants, we reinforce the value proposition of our platform, fostering a robust and dynamic DeFi ecosystem within Strike Finance.

Specification

STRK Allocation for Bitget Listing:

  • Quantity: 10,000 STRK tokens.
  • Purpose: To facilitate the listing process, cover associated costs, and provide liquidity on the Bitget platform.
  • Expected Outcome: Increased token liquidity, broader market reach, and enhanced trading opportunities for STRK holders.

STRK Allocation for DeFi 3.0 Vault Rewards:

  • Quantity: 10,000 STRK tokens.
  • Purpose: To serve as incentives for users participating in the DeFi 3.0 vault, promoting active involvement and investment in our platform.
  • Expected Outcome: Higher participation rates in the DeFi 3.0 vault, fostering long-term user engagement and platform growth.

Reserve ETH for strike community

The total allocation of 20,000 STRK tokens represents a strategic investment in the future of Strike Finance, aiming to amplify our market presence and solidify our commitment to rewarding and growing our community.

Final Votes

Quorum

Pending

Majority support

Yes

For

131K

Against

0

Abstain

0

Final Votes

1 address

131K votes

Status

Thu Jan 4, 10:23 am

Published onchain

Wed Jan 10, 02:40 am

Voting period started

Fri Jan 12, 12:16 pm

Voting period ended

Sun Jan 7, 03:35 pm

Proposal queued

Tue Jan 9, 04:57 pm

Proposal executed