Trusted-Seed / coordination

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Contract for insurance #108

Open usama9500 opened 2 years ago

usama9500 commented 2 years ago

From iteration0 created by iviangita: commons-stack/iteration0#1088

📋 Anything to add?

Draft a contract for re-insurance

(Background: have fund set aside to cover 2-3% of 317 members, anyone that wants to put up collateral will receive 4% annual)

🎉 Subtasks

🤼‍♂️ Reviewer

@GriffGreen

🔗 Work doc - inspirational links

usama9500 commented 2 years ago

Work in progress - https://docs.google.com/document/d/1ApNu01RCa9f3pFShSgNCDigXSBSpSWUP0zyPXOIX89Y/edit?usp=sharing

usama9500 commented 2 years ago

The Board voted in favor of this loan agreement. Just need to sort out who will sign on behalf of the Trusted Seed

Note: This is temporary to keep the Trusted Seed running. This is not the final solution. We still need to make plans for the long term.