---
# System prepended metadata

title: Rigor call 11-30-21
tags: [Rigor]

---

###### 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




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## 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?