GDP-695c3 - GDP7 (Sepolia): Bond 10

ghostDAO Governance
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1

Dear ghostDAO Community

I would like to submit a proposal.

Function 1
create LP Bond on ghostDAO (Sepolia) - Bond 10.

Market Price is 0.1687 WETH (~ $345.00 DAI).

There are 2 main objectives:

  • Acquire more LP tokens to maximize ghostDAO POL share

  • Expand Market Cap-to-RFV ratio

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

Bond 10 Specs: #bond10

Initial Bond Price = 5716/10^9 x 1 LP (~ $345.00 DAI)

Capacity = 0.0091 LP (~549,000 DAI) into Treasury

Target Deposit Interval = 1 Hour

Tune = 4 Hours

Market Duration = Until 11:59:59PM EST on Tue, Mar 10.

Goals: acquire POL and expand MCap-to-RFV Ratio

Function 2
auditReserves function to update ghostDAO Treasury reserves.

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