Examples DAO Actions
The Cashio DAO will alow govCASH token holders to vote on the future direction of the Cashio Protocol. The possible actions the DAO could take are unbounded in theory, but for the sake of simplicity we can classify them in a few key areas with some examples - where the overarching goal in each is to increase the adoption of CASH:
Changes to core protocol
Implementation of patches/program upgrades.
Addition of new CASH LP pools
Addition of a new stable pair LPs for collateral to mint CASH.
Management of CGT reserves
60% of total supply.
Burn.
Liquidity Mining rewards.
Emissions for single sided CASH staking.
Emissions for CASH-backed NFT staking.
Bounties/ contribution incentives/ airdrops/ etc.
Gauge votes using Treasury-owned veSBR/veSUNNY
Treasury will periodically convert rewarded SBR/SUNNY to veSBR/veSUNNY.
Treasury-owned veSBR/veSUNNY is permanently locked for 5 years to provide max boosts.
Cashio DAO's gauges are proxy votes that map to the treasury's own votes in SBR and SUNNY's CASH-paired gauges.
Updated weekly by governance token holders.
Deployment of non-SBR/SUNNY treasury profits
Fees collected from USDT-USDC LP farming.
Can be used to pay additional development costs outlined in a proposal.
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