Proposals submitted to the AIP Ideas section don’t need to be presented as fully finalized AIP Drafts, they may lack some details in the beginning. It’s important to use the mandatory 7-day discussion period for AIPs to gather feedback and engage with the community, not only on this forum, but also across other community discussion platforms.
Please use the AIP Draft Template below.
The Facilitator team will assist and guide you through the phases of the AIP process. If necessary, you can extend the discussion period for another 7 days by updating the @Facilitators.
PROPOSAL NAME:
APEFI VAULT
PROPOSAL CATEGORY:
There are four different categories to choose from:
Choose Ecosystem Fund Allocation for proposals about how the Ecosystem Fund should be spent.
TEAM DESCRIPTION:
My goal for the AIP was for me to familiarize myself with this AIP process. I don’t have any team in mind nore do I plan to make ths an officiail AIP. i thought it would be an interesting idea to propose due to the connection of this DAO to NFTs
ABSTRACT:
In the spirit of bringing back value to the Ape Coin DAO through a lending initiative that allows the Ape Coin DAO to Store some of its Value in NFTs and to prevent it from being completely drained through the continuous passing of AIPs that mostly extract at the moment
I am proposing a $APE Coin - NFT Trading/Lending system in which a certain portion of the treasury is allocated to purchasing NFTs (in $APE Coin) from Ape Coin community members who wants/needs liquidity. The Borrower will list Their NFT in $APE then bought by the New Ape Coin DAO Vault and then the NFT will either be purchased back by borrower (in $APE) at 3% more than the lending value or if not paid back The NFT will default to the treasury to be held or resold for Ethereum in order to add a stockpile of Ethereum into the existing treasury
This would provide the community with quick liquidity peep to peer loan with a low interest rate (3%) while protecting the existing treasury by eliminating risk of seeing 0 value in return
thanks for responding SSP, its different from AIP 324 because it does one of three things 1. NFTs are stored to add value or 2 it adds ethereum to the overall DAO treasury. 3. APE coin is paid back to the DAO +3% . this would not lend assets it would lend $APE coin. Nothing to do with gaming.
What NFTs collections would qualify. Also if you are not serious about implementing the AIP, then this just wastes resources of the team to go through the steps.
I suggest if you want to go through the steps looks for a process that needs improvement and suggest that. Especially if it would be a 0 cost to the DAO proposal.
Hi Big Bull,
I think Verified collections with high floor price and a decent amount of legit volume would be a good qualified project.
i appreciate you addressing me on behalf of the team im sure you speak for them. not trying to waste anybodys time.
have you submitted any ideas/AIPS since you have been here i would love to read them
Thanks Bully
GM Onnuel
my intent of this was an idea for discussion and maybe some other AC DAO participant might like to run with it. but if the community really loves it and legal feels like this is something we can implement , then i have i will consider looking into flushing more details out.
Me too ,but also would be nice to have someone in that role who understands trading and could maximize profits for the DAO if it defaults.
Thanks for the feed back
The community feedback period for your proposal would be ending in less than 24 hours.
If you’re content with the feedback received, your next steps are to finalize your proposal using the AIP Draft Template.
A moderator will reach out to the author to finalize the AIP Draft. Upon receipt of the final Draft, we will review and provide instructions on the next steps.
Are you ready to proceed to the next phase or do you wish to extend community discussion for another 7 days?
Thank you for your ideas [and the ApeCoin DAO community for the insightful discussions].
A moderator will reach out to the author to finalize the AIP Draft using the appropriate template.
Once the AIP Draft is confirmed by the author and meets all DAO-approved guidelines, it will receive an AIP ID number and move forward for Draft Analysis Review.
@Raymond please see your messages for the next steps.
Follow this Topic as further updates will be posted here in the comments. In accordance with DAO-approved guidelines, if the author does not respond within 30 days, the proposal will be automatically transferred to the Withdrawn category, and the author can re-submit the idea.
This Topic has been rejected based on the DAO-approved guidelines due to no response in the last 30 days. The Topic may be submitted again by any user and upon approval, will be open for 7 days for community discussions.
This Topic will move and remain in the Withdrawn AIPs category.
