GDP4 (Sepolia): Bond 8

ghostDAO Governance
1

Dear ghostDAO Community

I would like to submit a proposal.

Function 1
create LP Bond on ghostDAO (Sepolia) - Bond 8.

Market Price is 0.19 WETH (~ $380.00 DAI).

ghostDAO needs to start acquiring LP tokens to maximize its POL share.

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 8 Specs: #bond8

Initial Bond Price = 0.0001 LP (~ $380.00 DAI)

Capacity = 0.3180 LP (~988,044 DAI) into Treasury

Target Deposit Interval = 1 Hour

Tune = 4 Hours

Market Duration = 1.5 Days

Goal = Expand MCap/MV Ratio

Function 2
auditReserves function to update ghostDAO Treasury reserves.

1 Like
2

GDP4 (on Sepolia) proposal has been submitted: GBP-d9ff7

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voted, locked ~9.6 CSPR

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By the way, if you are not the proposer - your voting amount does not get locked. Only the proposer’s amount is locked as an anti-spam measure.

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