Celeste Passive Subscriptions Deposit 2

Celeste Passive Subscriptions Deposit

Celeste Passive Subscriptions Deposit proposal in Gardens UI

Proposal Information

Proposal description:
Funding Celeste subscriptions to create rewards for Celeste stakers for roughly 3 months. The Celeste subscriptions contract maintains an APY of 25%. At ~640 HNY staked in Celeste that’s ~160 HNY per year which is ~14 HNY per month.

If we migrate Honey prior to end of this period any of the remaining funds will be moved to the new Celeste instance.

Funding Information (For Funding Proposals)

Amount of HNY requested:
50 Honey

Ethereum address where funds shall be transferred:
The Celeste Subscriptions contract 0x4e4EA6845d7656d569DC4CCC7b68Bb3023720837

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