Read the full text of the proposal and join the discussion on our forum:

t.co

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All the proposed initiatives work in tandem to build additional sources of revenue for TribeOne, increase the TVL of the protocol and, in turn, benefit $HAKA and its holders. ✨07

3️⃣ Development of the NFT-backed stablecoin An integral part of the expanded TribeOne ecysostem, an NFT-backed stablecoin will be the fuel that runs TribeOne perps. ✨06

2️⃣ Market making and liquidity bootstraping Perpetuals platforms need Market Makers to ensure the platform has enough liquidity to trade on it. The proposal is looking to fund those activities ✨05

1️⃣ Development of the NFT Perpetuals DEX Additional funding is necessary to ensure the platform can efficiently handle price feeds and liquidations, ensuring a smooth experience for all traders. ✨04

Initiatives that will be possible if this proposal passes are: 1️⃣ Development of the NFT Perpetuals DEX 2️⃣ Market making and liquidity bootstraping 3️⃣ Development of the NFT-backed stablecoin ✨03

The proposal is looking to adjust the vesting schedule of $HAKA to match the expanded product vision. It changes the vesting period only - no change to total supply. TribeOne, initially just a lending protocol, will soon offer NFT perpetuals swaps. First of its kind!

Following our decentralized governance process, a new proposal was posted on our forum: Entitled "Sustainable Tokenomics and New Product Developments", it outlines a lot of changes that will affect TribeOne protocol both long- and short-term. Let's dive in 🏊 ✨02