###### tags: `Rigor` # Rigor call 11-30-21 all proposals in USDC $100 proposal deposit 4 days proposal times 3 day grace period quroum minion - yes - but want to be able to execute on command min contribution: multiple options (incentive packages) $1k share base value 10k, 25k, 50k, 100k, 200k - stick strictly to these amounts 10k - NFT Level 1 25k - NFT Level 2 50k - NFT Level 3 100k - NFT Level 4 200k - NFT Level 5 --- ## 1 pager notes ### Title Construction Loans Crypto asset RigorDAO forms to finance new home construction projects that are published by builders onto the rigor platform 1RigorDAO lending community RigorDAO logs onto the lending platform and creates a new ledngign community Builder creates a detailed project plan and request to join RigorDAOs new Community. RigorDAO Invests/Lending === bottom of page Membership instead of Community Tasks and escrow capital Pyament builder REPAYS loan plus interest RigorDAO is an autonomous community project supporting home builders on Rigor, not directly associated with the Rigor Platform. ## Questions: 1. When the Builder repays the loan, those funds then technically go to the Rigor Platform, not back to the DAO, since the DAO has the rUSDC, right? 2. How does the redeeming process work? If the loan is issued and rUSDC is received, and rUSDC can be redeemed for USDC - how does the protocol determine that its not liquid? In other words, what is stopping a lender from redeeming immediately? 3. How does the rUSDC work in regards to a default and the underlying collateral acting as a security for rUSDC? 4. Does the Rigor Platform take a fee? If so, what is that fee?