GDP-4e99d - GDP3 (Sepolia): Bond 7

Dear ghostDAO Community,

I would like to suggest Bond 7 ghostDAO (Sepolia).

Market Price is 1.45 WETH (~ $2,800.00 DAI)

The Bond currently trades at par to the market price. But the discount will keep increasing based on the programmatic Dutch Auction rules.

Bond 7 Specs: #bond7

Initial Bond Price = 1.45 WETH (~ $2,800.00 DAI)

Capacity = 391.61 WETH (~749,148 DAI) into Treasury

Target Deposit Interval = 1 Hour

Tune = 1 Hour

Market Duration = 1 Day

Goal = Dilute MCap/RFV Ratio

Additional Functions
I would also suggest to trigger the auditReserves function to update ghostDAO Treasury reserves.

GDP-4e99d Link

1 Like

GDP3 (on Sepolia) proposal has been submitted: GBP-4e99d