AutoFarm Proposal: Collaboration with Venus

Venus Governance Draft Proposals
162

Please comment my suggestions

If Autofarm is not able to pay $75,4m before November, 1rst, 2022, we could beg :

(1)

  • to collateral the gap ($75,4m - paid) into our protocol with Auto tokens.
  • to provide a bonus APR for Venus NFT holders.

(2)

  • to embed farmfolio’s dashboard into our dapp. It will require 1 Venus NFT to get access.
  • to grant access to AutoPortfolio and Autotrade for Venus NFT holders.

(3)

  • to help us to bridge XVS. If we are able to collateral XVS on Aave, it will be BIG !

Furthermore, we can split $75,4m per quarter and define a no-claim bonus:

  • if Autofarm didnt provide at least $15m at the previous quarter, AF team will have to deposit the difference in our protocol (until November 2022).
  • if Autofarm pays $75,4m before Q3 2022, it will only have to deliver the points below (2)

Additional requirements:

  • Venus and Autofarm will have to create a BSC Ecosystem* website. It will be driven by Venus team during 1 year. They will have to build together BSC Ecosystem’s DAO.

  • Autofarm and Venus team will have to publish a quarterly report on BSC Ecosystem website and to their communities (reddit, telegram, twitter, medium).

*Brand name to define

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