PrimeDAO - Deepstash

PrimeDAO

Meanwhile, PrimeDAO wants to getBalancer directly involved in its operations.

This is the most complex deal. PrimeDAO is asking for 25,000 BAL ($405,000) which it will use for a pool with equal parts of its token, PRIME, and BAL on Balancer. Then it will return half the liquidity provider tokens for that pool to the Balancer treasury, so they will each benefit from trading fees and BAL rewards on the pool.

PrimeDAO further commits in the proposal to strike similar deals with other protocols for jointly owned liquidity pools on Balancer.

And 156,000 BAL have voted for this proposal.

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decebaldobrica

#engineering, #machinelearning and #crypto

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