Proposal reviewed at Roundtable of Dogs on 8/9/24
Initial Offering and Pool Management - Unification - DID NOT PASS
- 0% of Roundtable voted Yes
- 58% of Roundtable voted No
- 42% of Roundtable voted More Info
Takeaway - This proposal does not provide much direct benefit to K9 Finance DAO and opens the pathway for other tokens requesting KNINE for liquidity on their pairs without mutual benefit. The Roundtable of Dogs filters proposals that are in line with the mission of the DAO: to bring DeFi to Shib, while benefiting K9 Finance DAO. Unification Fund is a valuable ecosystem partner and the Roundtable would like K9 to get more information on how both parties can work together that are mutually beneficial. Ideas that were discussed is pooling computing resources for more nodes to be online with liquid staking, building infrastructure together for Shibarium, and more.
At the current time, the Roundtable welcomed purchasing the small amount of KNINE for the liquidity pool, noting that since the funds will not be in the custody of the DAO, there is not much tangible financial benefit. But, the optimism still remains to work with one another
Link to Roundtable Summary - Meeting Summary for Roundtable of Dogs Meeting #5 8/9/24