On behalf of Flex Dapps, we are recommending the following proposal to the DAO. If DAO members are in favour of the recommendation, the proposal can be pushed to Snapshot to commence voting. The proposal must be then passed and pushed on-chain for engagement.
As mentioned, this proposal is a recommendation which is open to suggestions for any changes that members see fit. Members are able convey such suggestions in the comments thread below. If a change is deemed worthy by the DAO, the proposal can be updated before it is pushed for voting.
Flex Apps Pty Ltd (Flex Dapps) offers its services to the Tracer DAO (DAO) in order to work with the DAO on the development of a Keeper Liquidations Bot implementation, and a front-end for Tracer governance.
For the provision of these services, the following remuneration package is proposed:
40,000 USDC immediately, to fund the development of the components; and
2,000,000 TCR Tokens (0.2% of supply) to be vested over a year with a 2 month cliff, starting on the day that Flex Dapps is engaged, to fund the development of the components. TCR tokens may be claimed at any time after 2 month cliff.
If engaged by this DAO proposal to provide the services described in this Offer to the DAO, Flex Dapps will commit to provide the following deliverables:
A Liquidations Keeper Bot for the Tracer ecosystem;
- Interfaces with the Tracer perpetual swaps marketplace to liquidate under-margin positions.
- Configured via a CLI.
- Corresponding test suite.
A governance front-end for the Tracer DAO;
- In line with existing style guide and provided designs.
- Functionality to parse current and past proposals, vote on current proposals, and create new proposals.
If Flex Dapps is engaged to provide the Deliverables, it will:
For the first 6 months of its engagement, not:
- Vote in relation to a Proposal using those TCR tokens received in connection with this Proposal; or
- Commence an on-chain Proposal.
Variation and Termination
Flex Dapps acknowledges that, if engaged, its engagement can be varied by future proposals.
Flex Dapps expects that any engagement will be terminated if they fail to deliver in accordance with the deliverables specified above.
Conflicts of Interest
In the context of the Tracer Project, conflicts of interest include:
Existing Service Providers who are Related Parties; and
Existing (vested and unvested) holdings of TCR tokens.
Flex Dapps wishes to declare the following conflicts of interest:
No conflicts of interest to declare.
Unless otherwise defined in this offer, all terms beginning with a capital letter which are defined in the Participation Agreement have the same meaning unless the context otherwise requires.
If this offer is accepted as a proposal under the Participation Agreement, Flex Dapps may more formally document aspects of that proposal.
Copyright and related rights are waived pursuant to CC0.