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.