I propose the launch of a DAO tailored for Vires token holders and users seeking to participate in the reimagined Vires.finance, which will be known as Numeris.finance now. Our DeFi platform will offer a unique model distinct from the traditional approach, where interest rates are typically linked to the utilisation of lender-supplied funds.

Here's how Numeris.finance operates:

Fixed Borrower Interest: Borrowers are obligated to pay a consistent, unchanging interest rate weekly, regardless of their fund usage. This offers stability to both borrowers and lenders.

Collateral-Based Borrowing: Borrowers can access funds up to a limit determined by multiplying the total liquidity provided by lenders by a predetermined fixed collateral ratio, typically ranging from 0.1 to 0.5. This ensures borrowers maintain collateral proportionate to their borrowing, reducing lender risk.

Collateral Liquidation Mechanism: To protect lender interests and the borrower's account health, if a borrower misses their weekly interest payment, a portion of their collateral is automatically liquidated to cover the outstanding interest. Prolonged missed payments could result in complete account liquidation.

Fixed Interest Rate: Unlike traditional lending models with fluctuating interest rates, Numeris.finance maintains a constant interest rate for borrowers, aiding borrowers in managing their financial commitments. Capped Borrowing Limit: To ensure system stability, only a specific percentage of total available funds can be borrowed at any given time. This limitation prevents excessive borrowing that could strain liquidity and operations.

Existing Vires token holders will continue receiving platform profits as before, based on the difference between lending and borrowing interest rates. In the Numeris DAO, they'll also receive $pwr tokens based on their current locked $vires token holdings, with a total of 100 $pwr tokens distributed. The final distribution list will be approved by the DAO itself. In addition an equal part of the total platform profits will go to resolution of Vires.finance liquidity crunch situation.

New members are welcome to join the DAO. The DAO treasury will raise 1 million XTN, with 500k allocated for development and the other 500k used to purchase Vires tokens on the open market, subsequently deposited into the DAO treasury, creating a profit stream. $pwr tokens will be credited to treasury depositors based on the current market rate.

The DAO's KPI period for profit distribution from Vires token staking is set at three months, after which $pwr tokens can be unstaked. Treasury depositors can also choose to unstake their $pwr tokens and receive a corresponding share of Vires tokens from the treasury if they wish to do so. Participants in the DAO will profit from staking interest on Vires tokens in the treasury and its potential price growth.