BST Gov Board Minutes - 22-08-2024

present:
Sascha
Viktor
Denis
Achim

not present:
Simon
Andy

  1. Treasury on Multisig

We researched some options what to do with this money (250.000 Dollars) a. use a tool/service provider to aquire ETH at the right time
b. use our market maker to do it
c. execute some by orders
d. lock it in a lending protocol (Aave) to recieve a variable yield (5%-12% changing daily)

Four votes for option d. - Aave

  1. Marketplace launch pad application

There are many applications and the work for the sales team is increasing. 2-3 projects per month.
The number of marketplaces is limited by the available sBST.
Should we change the process?
We will create some criterias for the submission we can check against.
In future maybe also involve the the Forum and the community in the decision.

  1. Token Estate - request for special terms in the agreement.

You collect 100.000 sBST via the launch pad but members can remove their stakes after 6 month what would mean that they won’t get the full discount.
They would like to get a guarantee that they can keep the full discount.

Four votes against their request.