Kujira Proposal 14
Black Whale Community Funding Request
No with Veto
--- "@type": "/cosmos.distribution.v1beta1.CommunityPoolSpendProposal" title: Black Whale Community Funding Request amount: - denom: ukuji amount: '300000000000' recipient: kujira1wqnfjdlp4avzjege4h3kjhpj9t0g8tt8h42ffv description: 'We are requesting $120k USDC (equivalent to 300k KUJI tokens assuming KUJI''s price of $0.4, subject to change on each milestone release date) to build our Market-Maker-as-a-Service (MMaS) protocol to allow users to profit from market making, generate revenue for Kujira, and tighten spreads across all trading pairs on FIN. Funds will be released in batches through governance voting only when project milestones are completed. We will be giving 50% of our revenue to all KUJI stakers and expect to fully repay the $120k grant within 3 years. After the grant has been repaid, 50% of our revenue will continue to be distributed to KUJI stakers forever, permanently increasing the staking APY with real revenue. #GrownUpDeFi Full proposal: https://medium.com/@blackwhalemoney/black-whale-community-funding-fafe8def66bc'
page last updated 2023-12-04 15:35:40 UTC