Proposal Submitted: Snapshot
This proposal is rather straightforward, but, as always, please feel free to discuss and request clarification on any aspect.
Description & RationaleThe rationale for creating this proposal is to ensure a smooth transition onto the Avalanche blockchain network as we onboard 40% of our emissions.
Given the value of first impressions and the need for support at the beginning stages where liquidity is expected to be at its lowest, we ought to determine, as a community, exactly how much we find to be reasonable in terms of the total assets we should move over to help support ordinary trades.
Explanation (from Proposal)
Please review the associated link to discuss, then select one of the provided options to signal your support.
The options are for the share of the total liquidity (in USD) held in the DAO at the time of the snapshot (as determined by DeBank) to be converted into liquidity on Avalanche.
Current DAO-owned liquidity value: $112,505
The spread of the liquidity will be as similar to the existing spread on Fantom as reasonably possible (with some exceptions), for example, SOUL-FTM will be replaced by SOUL-AVAX, but spread roughly proportionate to the DAO’s current allocation.
Voting takes place here: Snapshot