Been chatting with @kerman and @gtupak regarding the potential to deposit ARCX for the Passport (1 year lock-up for 1st ed).
From a contract safety and simplicity standpoint, and to get one less specification requirement on the table for v3 launch
For the sake of simplicity in discussion, first consider an exclusive decision: either its DAI deposit or ARCX deposit
As several DAO members have informally voiced support for ARCX being used for the Passport deposit, this post is meant to come to a more clear consensus on what that looks like. A straw-poll below is meant to take the temperature in answering the question: if we use ARCX for the Passport deposit, should it be $1000 eq. at a given date or should it be 1000 ARCX (right now $600 eq.)
If you do NOT support ARCX being used for the Passport deposit, please respond below explaining why, what you would prefer, and any other concerns. Thanks!
- Accept $1000 equivalent ARCX for Passport deposit
- Accept 1000 ARCX (may be more or less than $1000) for Passport deposit