Dear ghostDAO Community
I would like to submit a proposal.
Function 1
create LP Bond on ghostDAO (Sepolia) - Bond 15.
Market Price is 0.1083 WETH (~ $219.00 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 15 Specs: #bond15
Initial Bond Price = 4378/10^9 x 1 LP (~ $219.00 DAI)
Capacity = 0.0156 LP (~784,014 DAI) into Treasury
Target Deposit Interval = 1 Hour
Tune = 24 Hours
Market Duration = Until 11:59:59PM EST on Wed, Mar 18.
Goals: acquire POL and expand MCap-to-RFV Ratio
Function 2
auditReserves function to update ghostDAO Treasury reserves.