chicken-george-junior
commented
2 years ago $ defi-cli signmessage 8Mi2HCxKV2onjkWwXV1sASxynHP5SRdRrA "cfp-2211-07-no" IED96bVw2BbdF+uqK8KaGjKC8n5LvMwIjJqx1huTInFUVf1ruIdVhvdzcVaGAGxugH4LXYaZPTCVI2mwpZnLhtk= signmessage 8SQw2LNQ3akwX6QjpiXsszXQ3etVLSLgEY "cfp-2211-07-no" H+HWoyXCyzkl/pXsR1kLRivxXTRptsHNLCsFLcLcqBlvQAzKw19oYg8E0KH9uuMFeqSKfsC59z7DWJ0qLPQT368= signmessage 8N7u7wbjD5wXzTyUurE9zKZTo4XdPu2Br1 "cfp-2211-07-no" HybaAA1uAWdDZEF6AGyT2aaF8dXpo5y6xXMF+cwiaj46Eq638CZjJcZXoBbNpnGIcdoTHp0z1bZuBMuUNTifMx0=
Dave041190
AberSowasVon
ms-01
dirkdirk29
rogi-sh
Reklov1408
abcrabbit11
DFXSwissVotes
spectatormc
ChryptoBlock
Michael-Vote
kynkong91
prasannavl
Overview
Describe your proposal
With this proposal we are aiming to improve the trading experience of DFI and to bring DFI to the next level on the road to #50.
It is with the above that it is proposed that:
How this would help with the above issues:
How does this CFP benefit the DFI community?
With the approval of this proposal, DFI community could benefit from:
It is important to understand that the profits which are possible here arise anyway, regardless of whether this CFP is approved or not! We can work together to ensure that they do not leave the ecosystem and deliver a benefit to us all. The amount of the expected profits can vary greatly and can only be determined after the initiation of the measures.
How does this work?
We will use the 375.000 DFI as working capital for the additional Liquidity, Make-it pro will add the similar amount of USDT and BTC out of their own funds to bring a Buy Side. This will ensure that no DFI of any kind need to be sold from this CFP.
We have been running a self-paid test of this solution over the last few months and now want to take the next step. For this we need the above mentioned amount of DFI as working capital. We can always add more exchanges if needed or further increase the amount of liquidity. Proof of Addresses: https://defiscan.live/address/dUhbTwhGNLKZLNxTFD8HFAEohWi7hvD7dd https://defiscan.live/address/dXqV51odFgQF4DBAZ4TMH1bhFDwejnyZGn
A part of the profits (30%) will flow regularly and transparently to an address, which we assign to the D-Fund. As described, these profits will accrue in USD/USDT and BTC. We will manage the profits according to the greatest need within the ecosystem. In the current situation we will buy DUSD and additionally trade D-Stocks. More about this in the description of the D-Fund.
Why 30% of the profits?
For various reasons, we can not take this work on the Private Balance. This means we need to work as a company. Which has the consequence, 25% Taxes as well as employee and accounting costs, furthermore we carry on the brought in USD and BTC (which must always be the equivalent amount of the DFI from this CFP) the complete risk in case of loss (e.g. exchange default risk).
We will post the Discord link 30 min prior to the AMA Start in the comment section and on reddit
Non-obligation I understand that vote of confidence for CFP carries no obligations by any developers to implement the proposals. DeFiChain is a community projects. Pull requests can be submitted by community and reserved to be evaluated for safety and general community acceptance.