The month of March comes to an end, and JetDAO remains active in the governance of Jet Protocol. Stay informed with our latest newsletter.
Liquidity Incentive Program (LIP)
In a recent forum post, the topic of liquidity incentives for the upcoming Jet Fixed Term launch was proposed as a draft. The proposal draft offers a percentage of JetDAO treasury tokens to Jet Fixed Term liquidity providers,borrowers, and active participants in Jet Governance.
Read the entire proposal here and share your opinion!
Community Calls
JetDAO hosted two community calls in March focused on the Jet Fixed Term Devnet launch as well as DAO to DAO collaborations within Solana.
JetDAO’s monthly Community Call #011 - Fixed Term Demonstration
During the call, Jet's engineering team provided an update on Jet's Fixed Term Devnet deployment, and a demo was presented on Crowdcast where the main functions of the new product were showcased.
You can rewatch the video and try the new product on Devnet - If you come across any bugs or have any concerns, please don't hesitate to comment on the Forum.
To learn more about Jet Fixed Term you can read the guide!
Jet DAO’s monthly Community Call #012 - JetDAOxDAO Initiative
As the end of the month approached, JetDAO hosted James on the #012 Community Call. James discussed and announced JetDAOxDAO, a new initiative from JetDAO to collaborate with other DAOs on treasury yield opportunities based on Jet Fixed Term.
Special guests joined the discussion to provide their perspectives, opinions, and comments on the topic of collaborations between DAOs, increasing engagement through delegation and more.
A big thanks to DualFinance & StableLab for joining!
Proposals
During the month of March, $wBTC (Wormhole) was proposed by a community member as an asset to use on Jet Protocol, but the On-Chain vote did not reach the required quorum for the asset to be onboarded.
As a result, the following changes have been proposed & accepted by the governance committee:
Addressing Vote Apathy
After the results of the $wBTC vote results, this forum post summarizes the current situation of the DAO, the possible consequences of abstaining from voting, and measures that would help Asset Onboarding reach quorum.
Link to the proposal: Addressing Vote Apathy
Asset Onboarding Parameter Change - Lack of Quorum Hold Period Removed
This forum post announces that the Governance Committee has removed the hold parameter in order to address voter apathy and avoid a delay in adding $wBTC to the protocol. Additionally, as a result of this, JetDAO has begun notifying about asset onboarding proposals through Substack. Take a look at the first example: $wBTC Substack Newsletter.
$wBTC (Wormhole) Resubmission
As the end of the month approaches, a community member has once again proposed adding $wBTC as an asset for trading, borrowing, and lending on JetDAO. The voting will be closing in a matter of hours at the time of writing this newsletter. To read the full proposal, visit this link.
To stay informed about the process, don't forget to subscribe to the forum. If you want to vote On-Chain, remember that you must stake at least one $JET token in the Governance portal.
To learn more about the governance process you can read more in this link.
Category: #Support
During 2023, the JetDAO user support will still take place in the Jet Forum. The category #Support is live and ready to be used if users are facing any issues.
Key Dates
📆 Friday 04/26 – Community Call #13 - the subject will be shared soon.
Links:
To discuss & Propose: Jet Forum
To see proposals & Vote: Governance App
JetDAO Website: Link
JetDAO Twitter: @JetDAOGov