Executed

Migrate DAO Liquidity Directly Into CORE & BLUE Bundles


Proposal ID

654333...6926

Proposed

Result details
Final Votes

Quorum

1.81M of 1.41M

Majority support

Yes

For

1.81M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xC2b8...8a8c

safeTransferFrom(..)

Custom

Account

0xC2b8...8a8c

Method

safeTransferFrom(..)

Custom

0xC2b8...8a8c

safeTransferFrom(..)

Custom

Account

0xC2b8...8a8c

Method

safeTransferFrom(..)

Proposal

Summary

Move the DAO’s liquidity out of the CORE/ETH and BLUE/ETH pools and convert it directly into CORE and BLUE Bundles. Keep only ~$2,000 of liquidity in each pool to ensure basic functionality.

Motivation

With the new bundles.fi system, users will now be able to mint and burn bundle tokens in one click, making the existing liquidity pools much less relevant. Migrating the DAO’s liquidity from these pools into direct minting of CORE and BLUE will also increase the protocol’s overall TVL and bundles Market cap, since the assets move directly into the Bundle.

Actions

  • Transfer the DAO’s current positions (CORE/ETH and BLUE/ETH) to a migration wallet, then withdraw the liquidity and convert it fully into CORE and BLUE Bundles.
Final Votes

Quorum

1.81M of 1.41M

Majority support

Yes

For

1.81M

Against

0

Abstain

0

Final Votes
Status

Draft created

Published onchain

Voting period started

Voting period ended

Proposal queued

Proposal executed