PROPOSAL: DAO Funded Rewards Program
TYPE: Infrasturcture & Finacial
I hope this finds you all well. I would like to propose the use of DAO funds for the purpose of a 10-Week Staking Rewards Program.
Previously, the proposal suggested we outsource the development of the staking aspect. I believe we’ll be able to handle this now through a Sphere of the Movement.
The DAO controls over 400k in MVT at the moment. At the time of writing, it is worth about 35 ETH and that’s at a very low market cap.
Proposal Specifics & Reasoning
Use of 300,000 MVT to fund the rewards program.
DAO contols distribution of funds through our Agent App.