DELEGATE INITIATIVE
Main goals
As stated in our delegate platform, we will leverage our expertise in on-chain credit and RWA to help build GHO. Our focus areas for this initiative pertain to GHO’s launch and core frameworks.
Area 1: GHO Facilitator & Collateral Onboarding
- Wallfacer will work to define processes for how new GHO facilitators and collaterals are onboarded (and offboarded).
- Facilitators will play a key role in the GHO ecosystem. Our initial thoughts can be found here.
KPIs
- We will work with governance to develop a framework for onboarding GHO facilitators.
- We will build relationships with potential facilitators and work constructively with them.
Area 2: GHO Stability & Liquidity
- Wallfacer will work to establish risk management models for GHO.
- Properly managing risk while ensuring adequate reserves and liquidity will be essential to the success of GHO.
KPIs
- We will provide guidance and feedback on GHO stability and liquidity.