ICVC Investment Decision Proposal: Yusan
ICVC is a decentralized investment DAO.
This is the final vote to decide whether ICVC should invest in Yusan.
The project has undergone an 8-step due diligence process and has received an investment grade of 7.1 based on the evaluation process.
Detailed due diligence information can be found on the ICVC platform under the Yusan project dashboard: https://platform.ic-vc.com/projects/12/dashboard.
The proposed investment terms are as follows:
Amount: USD 800K, to be disbursed in 3 tranches: 50% disbursed upon the signing of the term sheet. 20% disbursed upon the mainnet launch of the Yusan borrow/lending protocol. 30% disbursed upon the mainnet launch of the integrated DEX with concentrated liquidity.
This is a motion proposal to approve the investment. If the vote passes, ICP disbursements will begin as soon as the term sheet is signed.
This proposal was created using https://ic-toolkit.app
Motion Proposal:
Motion Text:
ICVC Investment Decision Proposal: Yusan