DIGITAL RESERVE ASSET CHANGE PROPOSAL

Digital Reserve (DR) is a decentralized platform where DRC holders can securely hold their DRC tokens in the DRC Vault or get easy exposure to the well-balanced baskets of the most efficient store of value (SoV) assets in DR Vault Sets.

Currently, Vault s1 provides exposure to Bitcoin (WBTC) – 40%, Ethereum (WETH) – 40%, and Gold (PAXG) – 20%, and Vault s2 contains US Dollar (USDC) – 90%, Bitcoin (WBTC) – 5%, and Gold (PAXG) – 5%.

Both s1 and s2 Vaults interact with the Uniswap V2 platform to trade DR Vault assets using DR Vault smart contracts. s1 and s2 Vaults performance heavily relies on the Uniswap V2 functionality and DR Vault assets liquidity on the Uniswap V2 platform. It is always recommended to check the sufficient liquidity of DR Vault assets (WBTC/WETH, PAXG/WETH, and USDC/WETH pairs) on the Uniswap V2 platform when depositing and withdrawing assets from s1 and s2 Vaults.

While WBTC/WETH and USDC/WETH pairs have deep liquidity on the Uniswap V2 platform, PAXG/WETH pair has relatively low liquidity of ~$15M. Digital Reserve is a long-term project and I believe that it’s too risky to rely on PAXOS as a centralized and regulated company and PAXG liquidity on the Uniswap V2 platform. DR users may encounter issues if there is insufficient PAXG liquidity on Uniswap V2 or PAXG token is no longer operational, for any reasons.

I suggest that we cancel allocation to PAXG for both s1 and s2 Digital Reserve Vaults. The proposed new asset allocation – 50% BTC, 50% ETH for Vault s1, and 90% USDC, 10% BTC for Vault s2. I think these changes will make both s1 and s2 Digital Reserve Vaults more sustainable and reliable in the future.

📊 PLEASE VOTE ON THE POLL HERE: https://t.me/DRC_Announcements/204

In the link above there is proposal created by one of our members
Topic: providing liquidity from our fund to the polygon network.

DRC Liquidity Allocation Proposal

Active

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Providing liquidity of 10k (usd) from our donation fund to the polygon network by way of Quickswap DEX

I think it's no secret that gas fees have been outrageous as of late and DRC has suffered tremendously as a result of these fees. Newcomers do not want to spend $200(usd) just receive $100(usd) "if lucky", as well as making it extremely difficult for existing members to accumulate more. With that being said this Polygon(matic) liquidity proposal makes the most sense to solve this underlying problem.

As of 12/11/2021 the active address count on the polygon network was a staggering number of 388k (as high as 550k in recent months) to couple with 288k Ethereum addresses that interact with the polygon network, It's plain to see that this network is utilized daily by many people across the globe that trade with extremely low fees( pennies on the dollar). The polygon(matic) network has shown stability throughout inception and future innovation by being one of the heaviest researchers/investors in the new scaling solution of zero-knowledge proofs(zk).

By adding these funds to the network, it helps us with.
1: Provides more accessibility for the masses to obtain DRC
2: Allows for affordable and seamless trades in and out of DRC
3: Makes marketing to new investors very easy by notice of our trading volume
4: Utilizes our fund money by putting it to work rather than just sitting stagnant.

Get active and vote yes

DRC for the win $!!$!$!$!$

Attention DRC HOLDERS!!!

we will be issuing 50,000drc to one randomly selected member from the voting pool on the recent proposal.

This is a lottery competition and you will only be selected if you have voted on the recent proposal. It does not matter in what way you voted but as long as you participated you are eligible for the lottery.

Proposal ends 8pm est 12/15/2021.
Go and vote and you might be the lucky winner!!!!!!

Thank you for your participation in this great project

DRC

Attention DRC HOLDERS

Roughly 14 more hours untill the close of our latest "Liquidity Allocation Proposal" with great participation so far, lets drive it all the way home and fill the que to a 100%. Who knows you could just be the winner of 50,000 DRC !!!!

DRC for the win$!$!$!$

ATTENTION HOLDERS OF DRC

With a great number of participants and a landslide victory for the "liquidity allocation proposal of DRC" we will be moving forward with said arrangement of allocation 10k(usd) worth of DRC to the polygon(matic) network by means of Quickswap dex!!!

our admin team will be contacting quickswap tomorrow with the results of our latest vote and the ball will get rolling effective immediately with periodic updates on the progress!

We want to say thank you for your participation in this latest vote/proposal by means of awarding one lucky member from the voting pool 50,000 DRC!!!

We will make an announcement within the next 24 hrs of the winning address.

Attention DRC holders the winner of the LOTTERY is......
address:0xAd32595B7eDdf485BBBee5F8995cC2a0162438C5 this number was randomly selected from the voting pool of our last proposal . we want to say thank you for your participation and getting active in the community! 50,000 DRC will be sent to your wallet within 48hours!! Bummed out about not winning the lucky prize? dont worry their is a another proposal coming down the pipeline here within the week!!! oh yes another 50,000DRC will be issued to one randomly selected member who casts their vote!!!!

Attention DRC MEMBERS

We will be moving our community call to tomorrow 5pm utc/12pm est in the discord . Our Apologies for the last minute scramble. some of the members had other obligations to attend to.

Please take the time to join the community call tomorrow sunday 12/19/2021 5pm utc /12pm est in the DRC DISCORD.

Thank you for your patience


D
R
C

ATTENTION DRC MEMBERS

COMMUNITY CALL IN LESS THAN 1HR IN THE DISCORD, DRC LOUNGE CHANNEL

5 UTC/ 12PM EST.

ATTENTION DRC MEMBERS

Great community call yesterday
Some of the topics that were discussed:

- migration of existing liquidity to the new V3 of Bancor network

- Where do we stand with quickswap and their own marketing campaign

- once the topic of quickswap is closed we will provide an airdrop through polygon network

- potential NFT creation/distribution

If you missed the yesterday's call, no worries, we aim for these calls every weekend around noon. We will release and announcement for the next one as well with updates from earlier said topics.

D
R
C

@everyone
COMMUNITY CALL TODAY

We will have our next community call today (5PM UTC / 12PM EST).
This will be the last community call for the year 2021.

Based on last week's meeting we will discuss today following:
- Quickswap and allocation of liquidity to their pools.
- Multisig wallet
- Bancor V3 liquidity

See you all here on the discord at 5 PM UTC / 12PM EST

COMMUNITY CALL TOMORROW

We will have our next community call tomorrow (8th of January - 5PM UTC / 12PM EST).

Based on the last meeting we will discuss today following:
- Quickswap/Uniswap V3 and allocation of liquidity to their pools on Polygon.
- Multisig wallet
- Issue of bots on the discord
-Roadmap for 2022

See you all tomorrow on the discord at 5 PM UTC / 12PM EST

Digital Reserve Currency proposal: Quickswap left us on read, Uni to the rescue
https://snapshot.org/#/drctoken.eth/proposal/0x2c73bc8ca4807f7f68ffd398e3e2a40c4d5d100153e97f2d97d94754c47f263f

ATTENTION DRC MEMBERS

We have an active proposal on snapshot.
topic: relocating the funds that were originally going to quickswap will now be added to uniswap via the polygon network.

Yes quickswap left us on read like a bad fist date. But have no worries since we already have liquidity locked on the eth side on Uniswap. Its only right to provide liquidity to the newly added polygon ramp. This proposal ends 1/14/2022

Btw another random member from the voting pool will be awarded 70,000DRC!!!!!!!!

Go to the link above, connect your wallet, and go vote!!!!

Any questions please ask in the general chat.

DRC FOR THE WIN!$!$

ATTENTION DRC MEMBERS

quick reminder to go vote on our active proposal.

Topic: providing the 10k worth of liquidity that was originally going to go to quickswap now instead is going to the polygon side of uniswap. Nobody leaves us on read!!!!

Get active, go vote, and you could possibly win 70,000 DRC

DRC for the win!$!$!$

ATTENTION DRC MEMBERS

Final 24hrs to vote on our active proposal on snapshot.org under the Drc link.

Go vote and possibly win 70,000DRC

DRC FOR THE WIN!$!$!

ATTENTION DRC MEMBERS

The last Uniswap proposal was voted on by you the members and was an outstanding "yes" for providing our 10k worth of liquidity, that was originally going to be added to the quickswap protocol, to Uniswap via the polygon network!!!!

Thank you for your participation and yes somebody will be winning 70,000DRC!!! Randomly picked from the voting pool!!!

Winner will be announced in the next 24hrs!!!

Community call today at 12pm est/ 5 utc

DRC FOR THE WIN!$!$!

COMMUNITY CALL TODAY

We will have our next community call today at 5PM UTC / 12PM EST

Based on the last meeting we will discuss today following:
- Uniswap V3 allocation of liquidity on Polygon.
- Multisig wallet

See you all later on the discord at 5 PM UTC / 12PM EST