Hey all. Putting the DMM proposal on here just so we have it here as well, and for comments.
It is currently submitted as a proposal on alchemy: http://alchemy.daostack.io/dao/0x519b70055af55a007110b4ff99b0ea33071c720a/proposal/0x9aab0f1d8021c6f2c4952f7b48749da7ae5bb0f8a624a821bc465ddb8c2248e0
And before that, was on this google doc: https://docs.google.com/document/d/1gYmpBxcAKBW5Rkh3EqlGAy_bgaRnETAvJ5ZkY8cHGZI/edit
Here is the synopsis:
The DeFi Money Market Foundation (DMMF) wishes to grant the dxDAO an allocation of the DMG governance token, for the dxDAO to help govern the DMM DAO. The DMM DAO oversees the DeFi Money Market Ecosystem (DMME), with the goal of bridging real-world assets with the on-chain Ethereum economy. DMG is the governance token of the DMM DAO, granting its owners the right to vote on DMME issues such as interest payment rates, overcollateralization levels, which real-world assets to allow in the system, which Ethereum assets to support as funding currencies, etc.
DMG holders also have a claim on the revenues the DMM DAO earns, which it can purpose towards growing the DMM through various efforts, or simply paying out to DMG holders.