The Governance & Coordination Group will provide a monthly update about all ended and on-going Centrifuge proposals - both in our own and in the broader crypto ecosystem - so the DAO can stay updated.
Ended proposals (1st October - 31st October)
| CP# | Proposal | Status | Ended |
|---|---|---|---|
| 128 | Amendments to CP2 component | passed | 18/10/2024 |
| 130 | Goals and Themes for Resource Allocation for the Centrifuge Treasury | passed | 18/10/2024 |
| 131 | Recovery of lost tokens in bridge transaction 2 | passed | 18/10/2024 |
On-going proposals
| CP# | Proposal | Status | Ending |
|---|---|---|---|
| 127 | Open 11 XCM channels and register parachain tokens | rfc | N/A |
| 132 | Strategic Token Swaps Initiative for Centrifuge DAO | rfc | N/A |
| 134 | Renewal RWA Lending Market Liquidity Bootstrap | rfc | N/A |
| XXX | (POP) MarkitLend US Consumer Credit | rfc | N/A |
| XXX | (POP) AfriCred | rfc | N/A |
CP127: Open 11 XCM channels and register parachain tokens
Short summary:
- Open XCM channels with the following 11 parachains and register their parachain tokens on Centrifuge: Interlay, Bifrost, Acala, Zeitgeist, Astar, Phala, Polkadex, KILT, Neuroweb, Pendulum, Mythos
Implications:
- Enable trading of CFG on DEXs across Polkadot: Acala, Astar, Polkadex
- Stablecoins from Stellar to be used in Centrifuge RWA markets via Pendulum
- Interlay could open a CFG money market (requires runtime changes to support 18 decimals)
- Use Kilt decentralized IDs for KYC on Centrifuge?
CP132: Strategic Token Swaps Initiative for Centrifuge DAO
Short summary:
- This proposal seeks to establish a framework for Centrifuge DAO to engage in strategic token swaps with other DAOs and RWA projects. The initiative aims to diversify our treasury, forge valuable partnerships, and enhance our position within the DeFi/RWA ecosystem through token swap opportunities.
Implications:
- Optimize CentrifugeDAO’s treasury management
- Foster inter-DAO collaboration
- Initiate and nurture strategic relationships with complementary DAOs and projects
- Attract new investors and DAOs
CP134: Renewal RWA Lending Market Liquidity Bootstrap
Short summary:
- This proposal provides 90,000 CFG incentive rewards to be distributed as rewards for the RWA Lending Market. These rewards will last for 90 days on the LTF/verUSDC pair.
Implications:
- Initiate liquidity bootstrap and provide 90,000 CFG for 90 days (1000 CFG/day)
CPXXX: (POP) MarkitLend US Consumer Credit
Short summary:
- Pool onboarding proposal to launch a new pool on Centrifuge to allow investors to invest in MarkitLend US Consumer Credit Fund, LP.
CPXXX: (POP) AfriCred
Short summary:
- Pool onboarding proposal to launch a new pool on Centrifuge to allow investors to invest in AfriCred.
You can find a list of all ended CPs (both passed and rejected) to date in the Centrifuge Proposal Repository on GitHub.
On-going governance discussions
These discussions are for sharing ideas and receiving feedback to help sharpen any forthcoming proposals.
Proposals made in other DAOs
These are proposals made by Centrifuge Active Contributors in other DAOs.
Ended proposals (1st October - 31st October)
| Proposal | Where | Status | Ended |
|---|---|---|---|
| — | — | — | — |
On-going proposals
| Proposal | Where | Status | Ending |
|---|---|---|---|
| Spark Tokenization Grand Prix | Sky/Maker DAO | rfp | N/A |
Spark Tokenization Grand Prix
A collaborative proposal, made together with Anemoy (issuer of T-bills on Centrifuge) and Janus Henderson Investors (a tier-one asset manager with $360B+ AUM).
Together with other issuers, they are competing to get a part of $1B from Maker DAO to invest in tokenized Real-World Assets. The decision will be made by Maker Governance and MKR holders.