Abstract
This proposal seeks the input of vlMGP holders to guide Magpie’s voting position on whether to support PancakeSwap’s proposal to host the LISTA Initial Farm Offering (IFO). LISTA DAO offers a liquid staking and decentralized stablecoin protocol. Supporting the LISTA IFO on PancakeSwap presents a strategic opportunity for Magpie, particularly with the upcoming launch of LISTAPIE, a new Magpie subDAO.
Motivation
Endorsing the LISTA IFO on PancakeSwap aligns with Magpie’s strategic goal of expanding its influence and income streams through innovative DeFi projects. By supporting the LISTA IFO, Magpie positions itself to benefit from the success of LISTA thereby increasing the overall value and utility of vlMGP tokens.
Specification
This proposal requests vlMGP holders to vote on whether Magpie should support PancakeSwap’s proposal to host the LISTA IFO.
For more information, please refer to:
(Updated) PancakeSwap Official Snapshot