DWF Contracted Monthly Payment Overdue

Trufi community, DWF commited to " providing a 3% annualised interest payable every 4 weeks with stable coins (USDC/USDT)" however I have yet to see them pay into the treasury after over a month after the deal was booked (booked July 10th) . Does anyone have any updates here or can confirm receipt on behalf of the treasury? DWF care to comment? It is concerning this was booked with no solid plan of how payment would be remitted…

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I will speculate here and suggest that this first interest payment may have been an inadvertent oversight on the part of @DWFLabs.

Once they appoint a dedicated ecosystem support manager to TrueFi DAO, im confident they will undoubtedly make good for this lapse and guarantee that subsequent interest payments are made on time.

Looking forward to your reply @DWFLabs as im sure you’re looking for long term relationships well into the future

Hi team,

Sorry for the delay!

For interest payment or other support, do you want to select a few representative and be added to TG chat for easy coordination?

Thanks!

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Cicada team is happy to take on that role. Let me talk with the team and give you a more cogent response when we are back in the office tomorrow.

In general, it is not a good idea within a DAO to have a borrower underwriter supervise the interest payments and support of a market maker in a private Telegram chat.

It may result/raise concerns with the DAO governance integrity, potential conflicts of interest, and transparency.

Such oversight should be carried out through open, transparent channels with well-defined accountability procedures in place in order to preserve fairness and confidence for TrueFi DAO as a whole.

First things first, @DWFLabs, As we wait for this conversation to develop into a practical solution with appropriate DAO governance guidelines, kindly introduce TrueFi DAO to your dedicated ecosystem support manager within the @DWFLabs proposal :arrow_down:

hi team,

We are also in constant touch with TRU foundation to finalize the legal matters, hence slightly delay on updates. For interest payment, we’ll coordinate with foundation and update here once it’s done!

Thanks,
Lingling

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Why is there no update about this?

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Hello @Memyself

I hope you’re having a lovely day 🩷

Here’s a more polished and professional version of your query:

“Could you please provide an update on this matter? I haven’t seen any recent information and would appreciate clarification.”

Warm Regards,
LexiPolish.ai