# \[DeFi\] Marma J Foundation DeFi Management

**URL:** <https://gov.near.org/t/defi-marma-j-foundation-defi-management/5227>\
**Category:** Creatives DAO\
**Tags:** marmaj-dao\
**Created:** [September 1, 2021, 4:41pm UTC](https://gov.near.org/t/defi-marma-j-foundation-defi-management/5227 "2021-09-01T16:41:12Z")\
**Posts on this page:** 1\
**Showing post:** 5

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**Author:** ![marmajfoundation](https://dub1.discourse-cdn.com/flex005/user_avatar/gov.near.org/marmajfoundation/32/4596_2.png) [@marmajfoundation](https://gov.near.org/u/marmajfoundation)\
**Post date:** [October 3, 2021, 6:36pm UTC](https://gov.near.org/t/defi-marma-j-foundation-defi-management/5227/5 "2021-10-03T18:36:54Z")

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There is still ~355 stNEAR balance in ref for marmaj.near.

This proposal is to withdraw the necessary NEAR from the marmaj DAO to provide LP to the [stNEAR ↔ wNEAR](https://app.ref.finance/pool/535) pair (360 NEAR)

![Screen Shot 2021-10-03 at 2.33.20 PM](https://europe1.discourse-cdn.com/flex005/uploads/gov_near/original/2X/6/6b2f8536b87cdc9b1ad4df1e1cc0a6a1528712d3.png)

The REF tokens earned from this pair will (in part) be used to purchace $marmaj tokens on the [marmaj ↔ REF](https://app.ref.finance/pool/85) pair to then be deposited back to the marmaj DAO (marmaj.sputnik-dao.near) on a weekly basis. (~7 $marmaj a week)

The transactions will be added to this post.

Week 1: 4.7 marmaj: [https://explorer.mainnet.near.org/transactions/GFJBDD99hrAD8sbhjK4ZXSEo3X48i1KRDAScxNSPDZ5B](https://explorer.mainnet.near.org/transactions/GFJBDD99hrAD8sbhjK4ZXSEo3X48i1KRDAScxNSPDZ5B)

Week 2: 3.57 marmaj: [https://explorer.mainnet.near.org/transactions/HrQPdHuaqnu7RTayZrpJaoPo9TtJohNJtTQu52UBtfKF](https://explorer.mainnet.near.org/transactions/HrQPdHuaqnu7RTayZrpJaoPo9TtJohNJtTQu52UBtfKF)  
Week 3: 6.6 marmaj: [https://explorer.mainnet.near.org/transactions/DdxcMLn3wLVpqT4PcsFJkqAx2haYG8f47HeaZFXdBDbv](https://explorer.mainnet.near.org/transactions/DdxcMLn3wLVpqT4PcsFJkqAx2haYG8f47HeaZFXdBDbv)

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_[View the full topic](https://gov.near.org/t/defi-marma-j-foundation-defi-management/5227)._
