[VOTING] MIP-26: [EC Proposal] Treasury Assets in Support of Applications
A proposal authored by the Mantle Economics Committee has been posted to the #Mantle Snapshot 🧵
Context: This proposal takes into account feedback regarding the use of Mantle Treasury assets to support applications on Mantle Network. Many applications benefit from a foundational amount of liquidity to function and provide a better experience for Mantle users.
While retaining assets in Mantle Treasury is the most secure option, deploying a portion of these assets to support applications may lead to higher levels of success for Mantle Ecosystem. This proposal outlines a deployment strategy with a focus on risk management.
By voting “Yes”, you endorse these terms:
1️⃣ In accordance with the MIP-25 framework, authorize the following new strategies and allowances:
• Liquidity Support for Applications
• Seed Liquidity for RWA-yield Backed Stablecoins
• Liquidity Support for Third Party Bridges
2️⃣ Authorize the Economics Committee to engage Service Providers to support the deployment of the listed strategies. This includes discussions with various parties and, if necessary, negotiation of partnership terms or other commercial agreement regarding liquidity deployment.
Please vote before Sept. 12, 2023 at 5:35AM UTC: snapshot.org/#/bitdao.eth/proposal/0x26884fce58b66e82fa74735a2e255f76654618278432897f4ca2430702e95dcd