Hello this is Doo from StableNode and Maker Growth.  

We want to help facilitate growth in the upcoming Polkadot DeFi ecosystem while launching Dai in a meaningful way. 

Stable Node and MakerDAO Growth Core Unit are interested in launching and scaling Dai on Polkadot.
We aim to push and create demand for Dai on Polkadot. As part of that we need capital to bridge over and build up the liquidity, we want to help foster a strong DeFi community on Polkadot as we have done together with Maker Growth on Ethereum. This will be done by using part of the capital to provide liquidity for newly launched DeFi projects on the Polkadot, running campaigns with the Maker team, and investing Stable Node's own capital in Polkadot based projects. On top of that we want to create a loop where we bridge over Dai, sell it on Decentralized Exchanges, bring liquidity back over the bridge to Ethereum, buying more Dai, and again bridging over and selling this Dai on Polkadot. By ensuring strong use cases for Dai on the Polkadot side, we can create sufficient demand and provide liquidity to meet that demand. 

Stable Node was founded by Gustav Arentoft and Doo Wan Nam, seasoned business development and growth professionals. We both spent about three years growing the MakerDAO protocol in the European and Asian markets. We have immense experience in creating growth in new markets and ensuring a sustainable strategy along the way. Over the years we have been working closely with Decentralized Finance, NFT projects, and successful governance communities, especially MakerDAO. In all three fields we have been present since the early days. On top of leading Stable Node, Gustav and Doo are also contributors to the Maker Growth Core Unit. In collaboration with the Maker Growth Core Unit we have successfully executed similar set-ups in the past. We hope to mimic the success on Polkadot. 
The Maker Growth Core Unit consists of the former Maker foundation BD team. One of the most successful BD teams in the Ethereum community. We have done more than 1000+ integrations into the MakerDAO protocol (Dai/Vaults/MKR) over the last three years. With a strong multi-chain focus we want to take a hands-on approach on creating mutually beneficial growth in new promising blockchain ecosystems. 	

As being part of the Maker Growth Core Unit while having a private entity too, we are able to provide hands-on help on projects where they need practical things done. This is something we do with a variety of partners. As we don’t have the same restrictions put in place as a DAO or non-profit foundation. 

We are coordinating with Equilibrium on their own launch and have campaigns planned with them. On top of that we are also coordinating the official launch of Dai with the Web3 Foundation, Equilibrium, Curve, MakerDAO, and ourselves Stable Node. The proposal has spring from conversations with the above mentioned organizations. 

Please find more details [here](https://docs.google.com/document/d/1fmtW26Qc8UqTMJD8MNLhOnCHb5kU89XqnXS9humPuD0/edit?usp=sharing)

You can also find me in Polkadot-direction channel on Discord for more discussion. Doo_Stable Node

- Stable Node and MakerDAO Growth Core Unit want to help grow the Polkadot DeFi ecosystem and launch Dai on Polkadot.
- They plan to provide liquidity for new DeFi projects on Polkadot, run campaigns with the Maker team, and invest in Polkadot projects.
- They will bridge Dai between Ethereum and Polkadot to create demand and provide liquidity.
- Stable Node was founded by Gustav Arentoft and Doo Wan Nam, who have experience in growing MakerDAO and working in the DeFi and NFT fields.
- They are coordinating with Equilibrium, Web3 Foundation, Curve, and MakerDAO for the launch of Dai on Polkadot.

#735 Proposal: Launch and scaling of Dai on Polkadot

No Active Proposals