Profile of bkr in ApeCoin
Posts by bkr
-
AIP-287: Allow for ApeCoin staked in ParaSpace protocol to be counted for voting power
by bkr - No Role
Posted on: June 16, 2023, 6:31 p.m.
Content: Proposal Name: Allow for ApeCoin staked in ParaSpace protocol to be counted for voting power
Original Proposal:
AIP- 229 : Establish guidelines for ApeCoin staked in protocols to be counted for voting power
Reason for Return: Return for Reconstruction
The community would benefit from seeing proposals to count voting power for individual groups, protocols and collectives separately.
Resubmission Updates
Authors: ParaSpace, CryptoBeaker
Proposal Category: Process
Abstract
This AIP is a reconstruction of AIP- 229 as recommended by Ape Foundation to be an individual proposal.
The current voting system does not allow ApeCoin staked in protocols, other than ApeStake.io, to be considered in voting power calculations for ApeCoin DAO governance.
This AIP allows for ParaSpace to request Ape Foundation’s assistance in implementing ApeCoin staked for its individual users to count as voting power in ApeCoin DAO governance activities.
paraspace 1686 × 885 51 . 8 KB
https://para.space/
ParaSpace is a cross-margin lending protocol for full collateralized loans with bundled collateral. In just five months, ParaSpace has achieved impressive results, with up to TVL of $ 220 million, a leader in the market. We have over 2400 NFTs supplied, over 7 , 000 users, and $ 8 . 3 million in Ape staking. ParaSpace aims to become the world’s leading universal lending protocol, not only in the NFTFi area but also in financial derivatives and real-world assets. Our vision is to allow users to borrow anything against everything. ParaSpace has many advantages, including auto-compounding, auto-repay to save gas, and maximizing staking rewards. We also offer a variety of pool choices, such as p 2 pool and p 2 peer. We provide BNPL services, allowing users to buy blue-chip NFTs and enjoy benefits with 0 % down payment and immediate profit generation for Staking. ParaSpace also offers special features such as Rare Trait Boost loan limits. Recently, we have launched Instant Unstake Eth, allowing users to withdraw assets immediately without waiting 7 - 14 days.
Motivation
ApeCoin DAO members have the right to vote, and this right should not be limited by the ApeCoin staking protocol one wishes to use. By supporting this AIP, we can help more users to participate in governance activities and have a say in the future of the DAO.
Rationale
Ape Foundation guiding principle of Collective Responsibility: We leave everything better than we found it.
With this proposal we aim to make an improvement to the voting process that preserves each member’s right to vote.
Total Ape Staked as of 5 / 19 / 2023
ParaSpace ~ 8 , 100 , 000
Allowing users to vote will benefit both the growth of ApeCoin DAO and the whole NFTfi industry.
Specifications
Ape Foundation will take reasonable steps to determine the appropriateness of ParaSpace’s staked ApeCoin to be counted as voting power in ApeCoin governance activities.
Important considerations include but are not limited to the following:
Ensuring no aggregators in voting power (e.g. ensuring the protocol operators do not control the voting power)
Proving that ultimate ownership is not centralized (i.e. voting represents individual wallet owners only)
Ape Foundation will work with ParaSpace for implementation.
Steps to Implement
ParaSpace Vaults
BAYC vault: 0 xdb 5485 C 85 Bd 95 f 38 f 9 def 0 cA 85499 eF 67 dC 581 c 0
MAYC vault: 0 xFA 51 cdc 70 c 512 c 13 eF 1 e 4 A 3 dbf 1 e 99082 b 242896
BAKC vault: 0 xC 3 d 0922 aF 19 D 56 DEbf 426706 D 27 bD 5 d 7 Ea 48 D 23 C
ApeCoin vault: 0 xDDDe 38696 FBe 5 d 11497 D 72 d 8801 F 651642 d 62353
P 2 PPairStaking: 0 xf 090 Eb 4 c 2 B 63 e 7 B 26 E 8 Bb 09 e 6 Fc 0 cC 3 A 7586263 B
Together with ParaSpace, the Ape Foundation can potentially create a snapshot strategy which:
Checks the IDs of the BAYC/MAYC/BAKC address deposited into ParaSpace’s (vault above)
Check the staked APE in the ApeStake contract for the IDs found above
Ape Foundation will work with ParaSpace to assess its needs, and if appropriate, the eventual implementation to calculate voting power for end users. Note that this process can change, particularly if such matters are transitioned to Working Groups of ApeCoin DAO.
Timeline
This will be implemented immediately.
Overall Cost
$ 0 requested from the ApeCoin DAO treasury for this proposal
Likes: 5
Replies: 0
No replies yet.
-
AIP-284: Allow for ApeCoin staked in JPEG’d protocol to be counted for voting power
by bkr - No Role
Posted on: June 16, 2023, 6:26 p.m.
Content: Proposal Name: Allow for ApeCoin staked in JPEG’d protocol to be counted for voting power
Original Proposal
AIP- 229 : Establish guidelines for ApeCoin staked in protocols to be counted for voting power
Reason for Return
Special council returned for reconstruction and suggestions outlined inline. Cited that the community would benefit from seeing proposals to count voting power for individual groups, protocols and collectives separately.
Resubmission Updates
Authors: JPEG’d, CryptoBeaker
Proposal Category: Process
Abstract
This AIP is a reconstruction of AIP- 229 as recommended by Ape Foundation to be an individual proposal.
The current voting system does not allow ApeCoin staked in protocols, other than ApeStake.io, to be considered in voting power calculations for ApeCoin DAO governance.
https://jpegd.io/
This AIP allows for JPEG’d to request Ape Foundation’s assistance in implementing ApeCoin staked for its individual users to count as voting power in ApeCoin DAO governance activities.
JPEG’d is the first Peer 2 Protocol based NFT lending protocol. On top of allowing immediate liquidity against the value of their NFTS, it offers the opportunity for owners to get native ETH yield on them by leveraging core DeFi principles, notably by being one of the largest Convex holders.
JPEG’d DAO offers both solo and Peer 2 Peer APECoin staking, allowing NFT holders to list their NFTs for the APECoin staking program, as well as APECoin holders of any size to join any of the pools (BAYC/MAYC/BAKC).
Motivation
ApeCoin DAO members have the right to vote, and this right should not be limited by the ApeCoin staking protocol one wishes to use. By supporting this AIP, we can help more users to participate in governance activities and have a say in the future of the DAO.
Rationale
Ape Foundation guiding principle of Collective Responsibility: We leave everything better than we found it.
With this proposal we aim to make an improvement to the voting process that preserves each member’s right to vote.
Total APE Staked as of 5 / 19 / 2023
JPEG’d ~ 600 , 000
Allowing users to vote will benefit both the growth of ApeCoin DAO and the whole NFTfi industry.
Specifications
Ape Foundation will take reasonable steps to determine the appropriateness of JPEG’d staked ApeCoin to be counted as voting power in ApeCoin governance activities.
Important considerations include but are not limited to the following:
Ensuring no aggregators in voting power (e.g. ensuring the protocol operators do not control the voting power)
Proving that ultimate ownership is not centralized (i.e. voting represents individual wallet owners only)
Ape Foundation will work with JPEG’d for implementation.
Steps to Implement
JPEG’d Vaults
BAYC PUSd vault: 0 x 271 c 7603 AAf 2 BD 8 F 68 e 8 Ca 60 f 4 A 4 F 22 c 4920259 f
pETH vault: 0 xAF 5 E 4 c 1 bFaC 63 e 355 cF 093 eea 3 d 4 AbA 138 eA 4089
MAYC vault: 0 x 7 B 179 f 9 bFBE 50 cFA 401 C 1 Cdde 3 cB 2 C 339 c 6635 F 3
PUSd vault: 0 xc 45775 baA 4 a 6040414 f 3 e 199767033257 A 2 A 91 b 9
Together with JPEG’d, the Ape Foundation can potentially create a snapshot strategy which:
Checks the IDs of the BAYC/MAYC/BAKC address deposited into JPEG’d (vaults above)
Check the staked APE in the ApeStake contract for the IDs found above
Ape Foundation will work with JPEG’d to assess its needs, and if appropriate, the eventual implementation to calculate voting power for end users. Note that this process can change, particularly if such matters are transitioned to Working Groups of ApeCoin DAO.
Timeline
This will be implemented immediately.
Overall Cost
$ 0 requested from the ApeCoin DAO treasury for this proposal
Likes: 1
Replies: 0
No replies yet.
-
AIP-286: Allow for ApeCoin staked in BendDAO protocol to be counted for voting power
by bkr - No Role
Posted on: June 16, 2023, 6:10 p.m.
Content: Proposal Name: Allow for ApeCoin staked in BendDAO protocol to be counted for voting power
Original Proposal:
AIP- 229 : Establish guidelines for ApeCoin staked in protocols to be counted for voting power
Reason for Return: Return for Reconstruction
The community would benefit from seeing proposals to count voting power for individual groups, protocols and collectives separately.
Resubmission Updates
Authors: BendDAO, CryptoBeaker
Proposal Category: Process
Abstract
This AIP is a reconstruction of AIP- 229 as recommended by Ape Foundation to be an individual proposal.
The current voting system does not allow ApeCoin staked in protocols, other than ApeStake.io, to be considered in voting power calculations for ApeCoin DAO governance.
This AIP allows for BendDAO to request Ape Foundation’s assistance in implementing ApeCoin staked for its individual users to count as voting power in ApeCoin DAO governance activities.
bend 720 × 123 49 KB
https://www.benddao.xyz/
BendDAO is the first P 2 Pool-based NFT liquidity protocol. Built as the underlying infrastructure for NFTFinance, BendDAO offers several innovative features such as Collateral Listing, NFT Down Payment, Ape Staking, all of which leverage the power of instant NFT-backed loans.
BendApeStaking V 2 is a Pool 2 Pool auto-pairing and staking solution, providing Gasless Reward Auto-compounding to all users for maximizing their ApeCoin yield. With V 2 , holders of BAYC, MAYC, BAKC, and ApeCoin can stake their assets and instantly start earning yield. It offers a pure staking solution, devoid of loan or liquidity risks, thereby safeguarding user assets while maintaining asset efficiency and flexibility.
Motivation
ApeCoin DAO members have the right to vote, and this right should not be limited by the ApeCoin staking protocol one wishes to use. By supporting this AIP, we can help more users to participate in governance activities and have a say in the future of the DAO.
Rationale
Ape Foundation guiding principle of Collective Responsibility: We leave everything better than we found it.
With this proposal we aim to make an improvement to the voting process that preserves each member’s right to vote.
Total APE Staked as of 5 / 19 / 2023
BendDAO ~ 4 , 950 , 000
Allowing users to vote will benefit both the growth of ApeCoin DAO and the whole NFTfi industry.
Specifications
Ape Foundation will take reasonable steps to determine the appropriateness of BendDAO’s staked ApeCoin to be counted as voting power in ApeCoin governance activities.
Important considerations include but are not limited to the following:
Ensuring no aggregators in voting power (e.g. ensuring the protocol operators do not control the voting power)
Proving that ultimate ownership is not centralized (i.e. voting represents individual wallet owners only)
Ape Foundation will work with BendDAO for implementation.
Steps to Implement
BendDAO Vaults
BendApeStaking V 1 , a Peer 2 Peer-based pairing staking solution, doesn’t feature a vault. Instead, each paired staking instance has its own proxy address. However, with the introduction of V 2 , which is a Pool 2 Pool-based auto-pairing staking solution.
All ApeCoin staked through V 2
BendStakeManager: 0 x 9 d 1833 becb 105405 a 8305 F 775 F 0 aF 3157 d 12 B 33 c
All NFTs staked through V 2
NftVault: 0 xaAa 2 DA 255 DF 9 Ee 74 C 7075 bCB 6 D 81 f 97940908 A 5 D
Together with BendDAO, the Ape Foundation can potentially create a snapshot strategy which:
Checks the IDs of the BAYC/MAYC/BAKC address deposited into BendDAO’s (vaults note above)
Check the staked APE in the ApeStake contract for the IDs found above
Ape Foundation will work with BendDAO to assess its needs, and if appropriate, the eventual implementation to calculate voting power for end users. Note that this process can change, particularly if such matters are transitioned to Working Groups of ApeCoin DAO.
Timeline:
Timeline
This will be implemented immediately.
Overall Cost
$ 0 requested from the ApeCoin DAO treasury for this proposal
Likes: 0
Replies: 0
No likes yet.
No replies yet.