xGov-52 proposes Pack to link DeFi liquidity to the real economy
xGov-52 introduces Pack, a platform that uses liquidity pools from DeFi protocols to provide capital to small and medium enterprises and individuals. The proposal requests 1,750,000 ALGO to fund development.
The proposal was submitted on 17 July 2023 through the xGov Proposals Pilot forum.
Sources that covered it
More stories
xGov-38 proposes a decentralized perpetual margin exchange and the Vestige liquidity aggregator
The xGov-38 proposal introduces a decentralized perpetual margin exchange and an on-chain liquidity aggregator. The plan includes integrating stableswaps and lending pools into the Vestige aggregator and open-sourcing its routing smart contract. It also describes a margin trading platform with up to 20x leverage that utilizes existing automated market maker (AMM) liquidity. The proposal requests 350,000 ALGO.
xGov-33 proposes a pro-rata transfer smart contract for salaries, vesting and inheritance
The xGov-33 Fair Transfer proposal introduces a smart contract to manage the distribution of funds for salaries, vesting, and inheritance. The contract allows a sender to lock coins, enabling a beneficiary to withdraw them on a pro-rata basis, such as a per-second schedule, to reduce credit risk.
xGov-31 adds arbitrary decimal precision to the Algorand Virtual Machine
A new xGov proposal seeks to expand the capabilities of the Algorand Virtual Machine (AVM) by adding opcodes for exponential, logarithmic, and power functions. The change would introduce decimal float types to allow for more complex mathematical and financial applications, such as smart treasuries, that require high-precision calculations.