GDP-97124 - GDP1 (Hoodi): Bond 1

ghostDAO Governance
1

Dear ghostDAO Community

I would like to submit a proposal.

Function 1
create wETH Bond on ghostDAO (Hoodi) - Bond 1.

Market Price is 14,997.5523 wETH (~ $35,874,145 DAI).

There are 2 main objectives:

  • Distribute eCSPR to more users after the launch of ghostDAO

  • Dilute 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 1 Specs: #bond1

Initial Bond Price = 14,997.5523 wETH (~$35,874,145 DAI).

Capacity = 469,917.3728 wETH (~1,124,042,355 DAI) into Treasury

Target Deposit Interval = 1 Hour

Tune = 1 Hour

Market Duration = Until 11:59:59PM EST on Apr 25, 2026.

Goals: distribute to users and dilute MCap-to-RFV Ratio

Function 2
auditReserves function to update ghostDAO Treasury reserves.