Summary: Disburse the equivalent of 191,000 EUR over June-August 2025 to finance the development of Trevee.
Context:
Paladin has morphed into Trevee and is accelerating its decentralization by growing its contributors through Tholgar. This means that the DAO will have two contributor teams growing the projects, maintaining different front ends and pushing new products out.
Mithras Labs has been developing the Paladin Ecosystem (Paladin Lending, Boost / Pledge / Quest v1/v2, Warlord and Rings) for over 4 years.
Tholhard dipped its toes with the Warlord auto-compounder, and now with Rings as well as it’s auto voter.
The DAO has been financing its development since PGM-41 and should continue to do so in order to capture more market shares, adapt to new opportunities, grow revenue and finalize its on-chain governance.
Rationale:
This proposal is a continuation of the proposal of the past quarter, with the following goals:
- Make Trevee Earn multi chain (and add at least 2 other chains by end of year);
- Add a liquid locker;
- Embed $TREVEE tokenomics with Earn;
- Finish R&D for Quest v3;
- Maintaining the current product suite;
In order to manage all of these tasks we have hired new devs to compensate for churn at Mithras, and are suggesting to add Tholgar to the contributor line-up (2 devs).
Mithras Labs Monthly Expenses
Tholgar Monthly Expenses:
→ 8000$ per month (2 devs + infra)
Tokenomics and migration audit:
24,000$ to reimburse, since Mithras Labs and Tholgar covered the upfront cost.
We’re requesting up to 220,000 scUSD over 3 months, payable monthly and are confident in this method as we believe both Rings and Paladin v3 will be major revenue generators.
Means:
- 220,000 scUSD
Voting options:
For / Against / Abstain
- For
- Against
- Abstain