Proposal for PNG/VSO and AVAX/VSO to Receive PNG Rewards (Verso)

This proposal would add PNG/VSO and AVAX/VSO to the set of pools receiving PNG rewards.

AVAX/VSO with a weight of 100.
PNG/VSO with a wight of 300.

We have already created a off-chain proposal.
https://snapshot.org/#/pangolindex.eth/proposal/QmRW9mPMvfytNnYviLwUXDQfZfkJwSnBkP6GaeGBzpcmG4

Verso (VSO) is a first IDO project incubated in partnership between Avalanche and Trustswap and ran on Pangolin Exchange.

We will, same as Snowball project require a vote delegation of total 1M PNG to this address:
0x906935f4b42e632137504C0ea00D43C6442272bf

In order to delegate your voting please visit:
https://cchain.explorer.avax.network/address/0x60781C2586D68229fde47564546784ab3fACA982/write-contract

and delegate to the above mentioned address in order to for us to execute a formal on-chain proposal.

We are trading on both gate and pangolin (with pangolin being the main exchange). In addition to that, we have a community of over 5000 people and full support of TrustSwap and Avalanche teams.

More info here: verso.finance

Let’s bring DeFi to the masses together!

3 Likes

I always support new initiatives on Avalanche ecosystem and I believe that Verso can open a door to DeFi ecosystem for classical financial institutes. It has huge potantiel and matching aim with Avlanche. Internet of Finance.

1 Like

One thing I’d like to suggest is that for these Snapshot votes, we should write a new strategy that includes PGL. This has caused a lot of confusion in the community and would be awesome if we could address it.

https://docs.snapshot.org/strategies/create

2 Likes

Great to see new projects getting involved in the space. Can you provide some details about the alignments you see with Pangolin and the rest of Avalanche DeFi?

2 Likes