Launch of EURC pools on Stargate

I have concerns about this clause for a couple reasons:

  1. this is exactly the kind of fee and income that is supposed to be distributed per the recently passed dao vote. if it’s felt that strategically the dao should have more eurc in its holdings, it’s as simple as buying eurc with another asset that is currently being held by the dao, rather than doing away with the profit distributions as passed by the dao a couple weeks ago

  2. I think that it could set a precedent where, if passed with this exclusion, we see all or many future proposals by the foundation come in with this “pork” that goes against what the dao has decided in regards to 50/50 distributions

3 Likes